One of the following leads to underestimation of national income in India: 1. Inflation 2. Devaluation

Question

One of the following leads to underestimation of national income in India:

1. Inflation

2. Devaluation

3. Non-Monetary consumption

4. Large unorganized sector

Choose correct answer from:

(a) 1, 2, 3 and 4

(b) 1, 3 and 4

(c) 3 and 4

(d) 2, 3 and 4

Answer 1

The correct option: (c) 3 and 4