{"id":84579,"date":"2025-06-01T02:39:02","date_gmt":"2025-06-01T02:39:02","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=84579"},"modified":"2025-06-01T02:39:02","modified_gmt":"2025-06-01T02:39:02","slug":"which-of-the-following-is-are-the-examples-of-transfer-payments","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/","title":{"rendered":"Which of the following is \/ are the example(s) of Transfer Payment(s)"},"content":{"rendered":"<p>Which of the following is \/ are the example(s) of Transfer Payment(s) ?<\/p>\n<ul>\n<li>1. Unemployment Allowance<\/li>\n<li>2. Payment of Salary<\/li>\n<li>3. Social Security Payments<\/li>\n<li>4. Old age Pension<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below :<\/p>\n<p>[amp_mcq option1=&#8221;1 and 3 only&#8221; option2=&#8221;1, 2 and 4 only&#8221; option3=&#8221;1, 3 and 4 only&#8221; option4=&#8221;None of the above&#8221; correct=&#8221;option3&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CDS-1 &#8211; 2016<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-cds-1-2016.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-cds-1-2016\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">Statements 1, 3, and 4 are examples of Transfer Payments.<\/section>\n<section id=\"pyq-key-points\">\nTransfer payments are unilateral payments made by the government or other entities to individuals or households for which no goods or services are currently received in return. These are essentially income transfers.<br \/>\nStatement 1 (Unemployment Allowance), Statement 3 (Social Security Payments), and Statement 4 (Old age Pension) are examples of transfer payments. They are benefits provided by the state to support individuals without demanding current labour or services.<br \/>\nStatement 2 (Payment of Salary) is a payment made in exchange for services rendered (labour). It is part of factor income, not a transfer payment.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">Transfer payments are included in National Income calculation when looking at personal income (as they are income to individuals) but excluded when calculating Gross Domestic Product (GDP) as they do not represent production of goods or services.<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following is \/ are the example(s) 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 code given below : [amp_mcq option1=&#8221;1 and 3 only&#8221; option2=&#8221;1, 2 and 4 only&#8221; option3=&#8221;1, 3 and 4 only&#8221; option4=&#8221;None of &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which of the following is \/ are the example(s) of Transfer Payment(s)\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/#more-84579\">Detailed Solution<span class=\"screen-reader-text\">Which of the following is \/ are the example(s) of Transfer Payment(s)<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[1098,1112],"class_list":["post-84579","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-1","tag-1098","tag-economic-and-social-development","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which of the following is \/ are the example(s) of Transfer Payment(s)<\/title>\n<meta name=\"description\" content=\"Statements 1, 3, and 4 are examples of Transfer Payments. Transfer payments are unilateral payments made by the government or other entities to individuals or households for which no goods or services are currently received in return. These are essentially income transfers. Statement 1 (Unemployment Allowance), Statement 3 (Social Security Payments), and Statement 4 (Old age Pension) are examples of transfer payments. They are benefits provided by the state to support individuals without demanding current labour or services. Statement 2 (Payment of Salary) is a payment made in exchange for services rendered (labour). It is part of factor income, not a transfer payment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following is \/ are the example(s) of Transfer Payment(s)\" \/>\n<meta property=\"og:description\" content=\"Statements 1, 3, and 4 are examples of Transfer Payments. Transfer payments are unilateral payments made by the government or other entities to individuals or households for which no goods or services are currently received in return. These are essentially income transfers. Statement 1 (Unemployment Allowance), Statement 3 (Social Security Payments), and Statement 4 (Old age Pension) are examples of transfer payments. They are benefits provided by the state to support individuals without demanding current labour or services. Statement 2 (Payment of Salary) is a payment made in exchange for services rendered (labour). It is part of factor income, not a transfer payment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T02:39:02+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following is \/ are the example(s) of Transfer Payment(s)","description":"Statements 1, 3, and 4 are examples of Transfer Payments. Transfer payments are unilateral payments made by the government or other entities to individuals or households for which no goods or services are currently received in return. These are essentially income transfers. Statement 1 (Unemployment Allowance), Statement 3 (Social Security Payments), and Statement 4 (Old age Pension) are examples of transfer payments. They are benefits provided by the state to support individuals without demanding current labour or services. Statement 2 (Payment of Salary) is a payment made in exchange for services rendered (labour). It is part of factor income, not a transfer payment.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following is \/ are the example(s) of Transfer Payment(s)","og_description":"Statements 1, 3, and 4 are examples of Transfer Payments. Transfer payments are unilateral payments made by the government or other entities to individuals or households for which no goods or services are currently received in return. These are essentially income transfers. Statement 1 (Unemployment Allowance), Statement 3 (Social Security Payments), and Statement 4 (Old age Pension) are examples of transfer payments. They are benefits provided by the state to support individuals without demanding current labour or services. Statement 2 (Payment of Salary) is a payment made in exchange for services rendered (labour). It is part of factor income, not a transfer payment.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T02:39:02+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/","url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/","name":"Which of the following is \/ are the example(s) of Transfer Payment(s)","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T02:39:02+00:00","dateModified":"2025-06-01T02:39:02+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Statements 1, 3, and 4 are examples of Transfer Payments. Transfer payments are unilateral payments made by the government or other entities to individuals or households for which no goods or services are currently received in return. These are essentially income transfers. Statement 1 (Unemployment Allowance), Statement 3 (Social Security Payments), and Statement 4 (Old age Pension) are examples of transfer payments. They are benefits provided by the state to support individuals without demanding current labour or services. Statement 2 (Payment of Salary) is a payment made in exchange for services rendered (labour). It is part of factor income, not a transfer payment.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-the-examples-of-transfer-payments\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CDS-1","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-cds-1\/"},{"@type":"ListItem","position":3,"name":"Which of the following is \/ are the example(s) of Transfer Payment(s)"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/84579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=84579"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/84579\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=84579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=84579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=84579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}