Home
Class 12
ECONOMICS
Compensation given to victims of Uttrakh...

Compensation given to victims of Uttrakhand tragedy is a good measure taken by government. Why is it not included in national income ?

Text Solution

Verified by Experts

Compensation given to victims of Uttrakhand tragedy is a welfare measure taken by government of India but it is a transfer payment which does not lead to corresponding flow of goods and services.
Promotional Banner

Topper's Solved these Questions

  • NATIONAL INCOME AND RELATED AGGREGATES : SOME BASIC CONCEPTS

    RADHA BHUGANA|Exercise Guidelines To NCERT Questions|4 Videos

  • NATIONAL INCOME AND RELATED AGGREGATES : SOME BASIC CONCEPTS

    RADHA BHUGANA|Exercise VERY SHORT ANSWER TYPE|18 Videos

  • NATIONAL INCOME AND RELATED AGGREGATES : SOME BASIC CONCEPTS

    RADHA BHUGANA|Exercise HOTs|10 Videos

  • MONEY

    RADHA BHUGANA|Exercise Guidelines To NCRT Questions|2 Videos

  • SAMPLE QUESTION PAPER

    RADHA BHUGANA|Exercise Section B|1 Videos

Similar Questions

Explore conceptually related problems

Which of the following is not included in National income account?