Identify the correct statements from the following:
A. Fees to a mechanic paid by a firm is not included in the estimation of national income
B. Income tax paid by an individual is not included in national income
C. Interest paid by a garment manufacture on a loan taken from bank is included in national income
D. Payment of old age pension will not be included in national income as it is a transfer payment
E. Insurance premium paid by household to an insurance company is not included in the estimation of national income
Choose the correct answer from the options given below:
Verified 13 Jul 2026.
A, D, E only
A, B, C, D only
A, B, E only
B, D, E only
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