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SSC Economics Sample Paper NCERT Sample Paper-7

  • question_answer
    Which of the following represents disposable income?

    A)  Personal Income added with direct tax.

    B)  Personal Income minus direct tax.

    C)  Personal income minus personal current taxes

    D)  Personal income minus indirect tax.

    Correct Answer: C

    Solution :

    [c] Disposable income is total personal income minus personal current taxes. In national accounts definitions, personal income minus personal current taxes equals disposable personal income.


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