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Friday, 03 July 2026
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Which of the following is excluded from GDP?

Which of the following is excluded from GDP?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Newly produced machinery
  • B Agricultural crop sales
  • C Transfer payment benefits
  • D Banking sector services
Correct Answer: Option C
Explanation:
Transfer payments do not represent payment for current production activities.

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