Compensation of employees includes wages and salaries in cash (1), wages in kind like rent-free house (2), and employer's contribution to provident fund (4). Term insurance paid by the employee himself is personal expenditure, not part of compensation of employees.
Which of the following components, is NOT a part of compensation of employees, while estimating national income ?
CUET UG 2022 — Economics Macro
2022mcqmedium
Which of the following components, is NOT a part of compensation of employees, while estimating national income ?
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Wages and salaries in cash
- B
Rent free house
- C
Term insurance plan by employee
- D
Contribution to provident fund by company
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