Transfer income refers to income from non-production, exchange processes, such as various forms of transfer income such as funding, gifts and inheritance income. Of the following options, the statement about the transfer of income is correct:. ['Transfer of income is voluntary for the giver and has nothing to do with competition in production and exchange.', "Transfer income is the same as wages, owner's profit, etc. , and belongs to the scope of production and exchange process.", 'Transfer income exists because of the improved use of property rights.', 'None of the above statements.']