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Q. Which of the following is not a part of national income?
National Income is the money value of all goods and services produced in a country during a year. The income method of the calculation of National Income adds up all incomes received by the factors of production generated in the economy during a year. This includes wages from employment and self-employment, profits to firms, interest to lenders of capital and rents to owners of the land.
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Q. Which one of the following is the most appropriate reason for inequalities in income?
Q. What are the basic, functions of Public Accounts Committee (PAC) ?
Q. In _____ period, change in supply in response to change in demand is extremely limited.
Q. The concept of Economic planning in India is derived from
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