1. National Income means the total amount of money Govt. earns through direct tax collection. |
2. It is the total value of stocks held by a country at a particular point of time. |
3. This is the measure of goods and services produced during an accounting year without double counting. |
A) 1 only
B) 2 only
C) 3 only
D) All 1, 2 and 3
Correct Answer: C
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