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Which method is used to measure agricultural income in India?

a

Input method

b

Expenditure method

c

Commodity flow method

d

Output method

Answer : Option D
Explanation :

India uses a combination of the “Income Method” and the “Product Method” for estimating national income. In the agricultural and industrial sectors of the economy, the product method, also known as Output method, is used and the net value of production during the year is computed and incorporated into the national income estimates. In using the output method in India, the “value added” approach has been adopted.

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