While calculating the Personal Income which of the following needs to be excluded? 1.Net Interest payments made by households. 2.Corporate Tax 3.Direct cash benefits transferred to a household for LPG subsidy 4.Personal Tax Payments Select the correct answer using the codes given below:
Which of the following best describes `Care Economy`?
Which of the following service(s) is/are not accounted in the Gross Domestic Product of a country? 1.Services rendered by a house wife 2.Services rendered by a domestic help 3.Services rendered by a worker from unorganized sector 4.Services produced in Indian embassies located abroad Select the correct answer using the codes below:
With reference to assessment of labour market condition, consider the following statements: 1.Labour Force Participation Rate is the ratio of the number of persons in the labour force to the working age population. 2.Unemployment Rate is the ratio of the number of unemployed persons to the total population Which of the statement(s) given above is/are incorrect?
In the context National Income Accounting, consider the following statements: 1.The income method calculation includes all the incomes made by all the people in the economy. 2.The Income method of GDP calculation provides a lower value of GDP than expenditure method for the same year. Which of the following statement(s) given above is/are correct?