National Income Distribution Components
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Question (English)
National income is distributed through which components?
- Only wages
- Wages, profits, rents and interests ✓ Correct
- Only profits
- Only taxes
Explanation:
Correct Answer Explanation
National income is distributed through wages (and salaries), profits, rents, and interests.
Key Points:
- This is the study of Distribution in economics.
- National income arises from total production in the country (GDP).
- Income from international trade and investment is excluded in basic analysis.
Why Other Options Are Wrong
- A, C, D: Distribution includes all four components, not just one.
📚 About this Topic — CH-1: Introduction
This multiple choice question is from CH-1: Introduction, NCERT Books, Statistics for Economics. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: Introduction to strengthen your preparation.
