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Choose the correct option: Wrongly matched pair: a) National Income Committee – 1949 b) Financial year – 1st April to 31st March c) Income method – National Income = Rent + Wages - Economics

MCQ

Choose the correct option:

Wrongly matched pair:

a) National Income Committee – 1949

b) Financial year – 1st April to 31st March

c) Income method – National Income = Rent + Wages + Interest + Profit+ Mixed income + Net Income from abroad

d) Expenditure method – National Income = Rent + Wages + Interest + Profit

Options

  • a

  • b

  • c

  • d

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Solution

d

Concept: Different Concepts of National Income
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 7 National Income
Exercise | Q 3. (1) | Page 69
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