[Solved] Transfer payments mean -

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Q.	Transfer payments mean -
A.	Old age pensions
B.	Unemployment compensations
C.	Social security payments
D.	All the above
Answer» D. All the above
Explanation: Transfer payment refers to a payment made by a public authority other than one made in exchange for goods or service produced. Transfer payments are not part of the national income. Examples include Old age pensions, unemployment compensations, social security payments and child benefit.

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