हिंदी

Identify and explain the concepts from the given illustrations: Prakash receives monthly pension of 15,000 from the state government. - Economics

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प्रश्न

Identify and explain the concepts from the given illustrations:

Prakash receives monthly pension of  15,000 from the state government.

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उत्तर

Identified concept: Transfer income

Explanation of concept: When a person receives income from someone else or an organisation without engaging in any productive activity in return, such income is known as transfer income.

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