Commerce Exam > Commerce Questions > State which one of the following is true .a)R...
Start Learning for Free
State which one of the following is true .
- a)Royalty is not a factor income
- b)Rent is a factor income
- c)Subsidies is a factor payment
- d)Tax is a factor income
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
State which one of the following is true .a)Royalty is not a factor in...
Explanation:
Factor income is the income that is earned through factors of production such as land, labor, capital, and enterprise. Here, we need to identify the factor income among the given options.
a) Royalty: Royalty is the amount paid to the owner of an asset for its use. It is not a factor income as it is not earned through any factor of production.
b) Rent: Rent is the payment made to the owner of land or any other asset for its use. It is a factor income as it is earned through land, which is a factor of production.
c) Subsidies: Subsidies are the financial assistance provided by the government to promote an industry or a product. It is not a factor payment as it is not earned through any factor of production.
d) Tax: Tax is a financial charge imposed by the government on individuals or businesses for the income earned or goods and services consumed. It is not a factor income as it is not earned through any factor of production.
Therefore, the correct answer is option B, Rent is a factor income.
Factor income is the income that is earned through factors of production such as land, labor, capital, and enterprise. Here, we need to identify the factor income among the given options.
a) Royalty: Royalty is the amount paid to the owner of an asset for its use. It is not a factor income as it is not earned through any factor of production.
b) Rent: Rent is the payment made to the owner of land or any other asset for its use. It is a factor income as it is earned through land, which is a factor of production.
c) Subsidies: Subsidies are the financial assistance provided by the government to promote an industry or a product. It is not a factor payment as it is not earned through any factor of production.
d) Tax: Tax is a financial charge imposed by the government on individuals or businesses for the income earned or goods and services consumed. It is not a factor income as it is not earned through any factor of production.
Therefore, the correct answer is option B, Rent is a factor income.
Free Test
FREE
| Start Free Test |
Community Answer
State which one of the following is true .a)Royalty is not a factor in...
Yes B is absolutely right, because rent is that income which are earn under factor service like on land...
|
Explore Courses for Commerce exam
|
|
Top Courses for CommerceView all
Question Description
State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer?.
State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer?.
Solutions for State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice State which one of the following is true .a)Royalty is not a factor incomeb)Rent is a factor incomec)Subsidies is a factor paymentd)Tax is a factor incomeCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup on EduRev and stay on top of your study goals
10M+ students crushing their study goals daily