state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy National Income Accounting
Consider the following statements:
1. To calculate National Disposable Income, current transfers from the rest of the world are excluded from Net National Product.
2. Rise in tax payments decreases the Personal Disposable Income of the public.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2