McqMate
| Q. |
National Income include : |
| A. | Financial help to earthquake victims |
| B. | Pocket money of a child |
| C. | Winning of a lottery prize |
| D. | Construction of a new house |
| Answer» D. Construction of a new house | |
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Explanation: National income is the total value a country's final output of all new goods and services produced in one year. So construction of a new house is certainly output of goods.Transfer payments are not a part of the national income. So private sector transfers including charitable donations and prizes to lottery winners are excluded from it. |
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