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


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