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National Income Accounting — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNational Income Accounting1 Mark
Question
Transfer payments are .....
  1. payments transferred from Central Government account to State Government account.
  2. payments made to factors of production by an organiser.
  3. payments made for no return service.
  4. None of the above.
✓

Answer

  1. Payments made for no return service.

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