While estimating National Income by income method the following precautions should be taken –
While estimating National Income by income method the following precautions should be taken –
(a) transfer income should be ignored
(b) all unpaid services should be ignored
(c) income from sale of second hand goods should be ignored
(d) undistributed profits should be ignored
Options :
(1) a and b
(2) c and d
(3) a, b and c
(4) only d
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