Compensation of employees (B) is a factor income, included in National Income. Purchase of NCERT textbook (D) is final consumption expenditure, included in National Income. Gifts from abroad (A) are transfer payments, and lottery prize (C) is a windfall gain, both excluded. Hence (B) and (D) only.
Identify which of the following are included in National Income ? (A) Gifts from abroad (B) Compensation of employees paid by a company located in…
CUET UG 2022 — Economics Macro
Identify which of the following are included in National Income ?
(A) Gifts from abroad
(B) Compensation of employees paid by a company located in India
(C) Prize won in a lottery
(D) Purchase of NCERT textbook by a student
Choose the correct answer from the options given below :
Verified 13 Jul 2026.
Options
- A
(A) and (B) only
- B
(C) and (D) only
- C
(B) and (C) only
- D
(B) and (D) only
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