HSC Commerce 12th Board ExamMaharashtra State Board
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Solution for Define Or Explain the Following Concept.Disposable Income. - HSC Commerce 12th Board Exam - Economics

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Question

Define or explain the following concept.

Disposable income.

Solution

Disposable income

(i) Disposable income or Personal disposable income is that part of personal income which is left after payment of personal direct taxes like income tax, personal property tax, etc.

(ii) Disposable income is used for consumption or saving.

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APPEARS IN

 2016-2017 (March) (with solutions)
Question 2.1.4 | 2.00 marks

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Solution Define Or Explain the Following Concept.Disposable Income. Concept: Concept of National Income.
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