MCQOPTIONS
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| 1. |
Which of the following is the correct definition of the term National Income ? |
| A. | National Income means the total amount of money Government earns only through direct tax collections every year. |
| B. | It is the total value of all sorts of stocks held by a country at a particular point of time |
| C. | This is the measure of the volume of commodities and services turned out during a given period counted without duplication. |
| D. | All the above5)None of these |
| Answer» D. All the above5)None of these | |