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National Income · UPSC CDS/OTA · Question 43 of 66

National Income: Which one is counted in National Income by the Income Method?

Step-by-step solution. National Income for UPSC CDS/OTA.

Topic
National Income
Subject
General Studies
Difficulty
Moderate
Solve Time
45-60 sec

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Q · National IncomeModerate · 45s

Which one is counted in National Income by the Income Method?

TopicNational Income
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

Imputed rent is included as a production-related income. Lotteries and second-hand sales are excluded; unpaid household work is not imputed (except imputed rent).

Final Answer: Option A - Imputed rent of owner-occupied dwellings
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Which one is counted in National Income by the Income… - National Income (General Studies) Solved Question