Commission on second-hand car (1), wheat for self-consumption (2), and lawyer services (4) are included in national income. Sale of shares is merely a transfer of financial asset, not a production activity, hence NOT included in national income.
CUET UG 2022 — Economics Macro
Which of the following is NOT included in estimation of national income ?
Verified 13 Jul 2026.
Commission of an agent from sale of a second hand car.
Wheat kept for self consumption by a farmer
Shares sold in stock market
Services of a lawyer hired by a firm
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