Which of the following is NOT a component of Gross Domestic Product?
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IIT JAM 2023 Question 6: National income accounting
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National income accounting has come up 132 times in 6 exams since 2010.
What this question tests
This question is on What counts in GDP, part of National income accounting in Macroeconomics.
The boundary of GDP: which transactions and goods are counted and which are not.
TestStop has 18 past-paper questions on this subtopic; the nearest in year are below.
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Question from the IIT JAM 2023 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.