Question

From the statements given in Column I and Column II, choose the correct pair. 

	Column-I		Column-II
A.	Vegetables grown in the Personal garden	(i)	Non-marketing activity
B.	A car used as a taxi	(ii)	Consumer good
C.	An air-conditioner used by household	(iii)	Capital good
D.	Scholarship given to students by government	(iv)	Factor income

पर्याय

• A - (i)

• B - (ii)

• C - (iii)

• D - (iv)

Answer 1

A - (i)

Explanation:

1. Personal garden vegetables are not meant for market sale.
2. A taxi car is a capital good, not a consumer good.
3. A residential air conditioner is a consumer good, not a capital good.
4. Scholarships provided by the government to students are considered transfer income not factor income.