FORESTRY
AGRICULTURAL STATISTICS AND ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Division of the national income into wages, profits rents, and interest is called as-
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Distribution
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Consumption
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Investment
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Exchange
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Explanation:
Detailed explanation-1: -The sectoral distribution of income shows the percentage distribution of national income or GDP among different sectors viz., agriculture (primary) industry (secondary) and services (tertiary).
Detailed explanation-2: -India stands out as a “poor and very unequal country, with an affluent elite”, where the top 10 per cent holds 57 per cent of the total national income while the bottom 50 per cent’s share is just 13 per cent in 2021, according to the latest World Inequality Report 2022.
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