WBCS.LIVE practice question

Which of the following can be considered a part of a parallel economy?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Under declared income.
  2. Value of domestic work done by the housewife.
  3. Payments made to domestic helpers or housekeepers.
  4. Payments for private tuition.

Correct answer and explanation

Correct answer: Under declared income.