Which of the following is/are the examples) of Transfer Payment(s)?
1. Unemployment allowance
2. Payment of salary
3. Social security payments
4. Old

Question

Which of the following is/are the examples) of Transfer Payment(s)?
1. Unemployment allowance
2. Payment of salary
3. Social security payments
4. Old age pension
Select the correct answer using the codes given below:

Accepted Answer

(C) 1, 3 and4

Answer

(A) 1 and3

Answer

(B) 1, 2 and 3

Answer

(D) None of these