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प्रश्न
Identify and explain the following concept:
Sunita receives a monthly pension of ₹ 30,000 from the state government.
स्पष्ट कीजिए
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उत्तर
Identified concept: Transfer income.
Explanation:
If the expenditure incurred by another person/organisation is received by an individual in the form of income without any form of productive work, then such income is called ‘transfer income’.
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