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SSC CPO 2023 PYQ — Question 54

SSC CPO - 05 Oct 2023 - Shift 1 • General Awareness • Q54

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Which of the following is NOT included in inventory investment when calculating national income?

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Correct answer: A

Explanation

The correct answer is option 1 i.e. Change in sales during the year.

  • Change in stock of finished goodsChange in sales during the year is not included in inventory investment when calculating national income.
  • Inventory investment refers specifically to the change in the value of goods that businesses hold in their inventories over a particular period, typically a year.
  • It includes the value of goods produced but not yet sold (an increase in inventory) or goods sold but not yet produced (a decrease in inventory).