Question

write four limitations in estimateing the natinol income

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Answer 1

Here we detail about the five limitations in the estimation of national income in India.
(i) Non-Monetized Output and Its Transactions:
(ii) Non-Availability of Information about Petty Income:
(iii) Lack of Differentiation in Economic Functions:
(iv) Unreported Illegal Income:
(v) Lack of Reliable Statistical Data:

Answer 2

Answer:

Here we detail about the five limitations in the estimation of national income in India.

(i) Non-Monetized Output and Its Transactions:

(ii) Non-Availability of Information about Petty Income:

(iii) Lack of Differentiation in Economic Functions:

(iv) Unreported Illegal Income:

(v) Lack of Reliable Statistical Data: