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Economics · 2026 · 1 mark
National Income AccountingCircular Flow of Income and Methods of Calculating National Income1 markUnderstandmcq
CBSE 2026 · Region 2 · Set 1 · Q7
Read the following statements carefully :
Statement $\displaystyle 1$ : Brokerage earned by a dealer of second hand cars is included in the estimation of National Income.
Statement $\displaystyle 2$ : Imputed value of production for self-consumption is included in National Income.
In the light of the above given statements, choose the correct option from the following :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
Both Statements $\displaystyle 1$ and $\displaystyle 2$ are true.
Marking-scheme solution
(C)
Both Statements $\displaystyle 1$ and $\displaystyle 2$ are true.
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CBSE Class 12 Economics past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.