Which is not included in the private income arising in

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Which is not included in the private income arising in a country?

1. Factor income from net domestic product
2. Net factor income from abroad
3. Current transfers from government
4. Current payments on foreign loans

Correct Option: D

A firm sells shares worth ᄙ 1000 direct to individuals. This transaction will cause no impact on Gross National Product as GNP measures the output generated by a country's enterprises (whether physically located domestically or abroad) but here no output is generated.