Home
Class 12
ECONOMICS
Will the following be included in the do...

Will the following be included in the domestic product of India ?
give reason for your answer
(i) Profits erned by foreign companies in India.
(ii) Salaries of Indians working in the russian Embassy in India.
(iii) Profit earned by a branch of State Bank of Indian in Japan.

Text Solution

Verified by Experts

(i) Profits earned by foreign companies will be a part of domestic product of India as Foreign companies in India are a part of fomestic territory of India.
(ii) Salaries of Indians working in the Russian Embassy in India will not be a part of domestic product of India as Russian Embassy in India is not a part of domestic territory of India.
(iii) Profits earned by a branch of State bank of India in Japan will not be a part of domestic product of India as the bank is located out of the domestic territory of India.
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME

    RADHA BHUGANA|Exercise Box 4.3|1 Videos

  • MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME

    RADHA BHUGANA|Exercise MCQs|12 Videos

  • MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME

    RADHA BHUGANA|Exercise Let Us Recapitulate|22 Videos

  • INTRODUCTION- MACROECONOMICS

    RADHA BHUGANA|Exercise guidelines to NCERT questions|2 Videos

  • MONEY

    RADHA BHUGANA|Exercise Guidelines To NCRT Questions|2 Videos

Similar Questions

Explore conceptually related problems

Will the following be included in the domestic product of India? Give reasons for your answer. (a) Profits earned by foreign companies in India (b) Salaries of Indians working in the Russian Embassy in India (c) Profits earned by a branch of State Bank of India in Japan

How will you treat the following in the calculation of Gross Domestic Product of India ? Give reasons for your answer. (i) Profit earned by a branch of foreign bank in India. (ii) Salaries of Indian employees working in embassy of Japan in India. (iii) Salary of residents of Japan working in Indian embassy in Japan.

Will the following be included in domestic factor income of India? Give reasons for your answer. (i) Profit earned by a foreign ban k from its branches in India. (ii) Scholarships given by the government of India. (iii) Profits earned by a resident of India from his company in singapore. (iv) Salaries received by Indians working in American embassy in India.

How will you treat the following items in the calculation of Domestic Income and National Income of India ? Give reasons for your answer. (i) Profits earned by a branch of Foreign Company in India. (ii) Salaries of Indian employees working in Chinese Embassy in India. (iii) Retained Earnings of Foreign Companies from India. (iv) Salary of residents of Frnace working in Indian Embassy in France. (v) Profits of Tata Industries from its business in Australia.

Will the following factor incomes be a part of domestic factor income of India ? Give reasons for your answer Profit eraned by foreign banks from their branches in India.

Will the following factor incomes be a part of domestic factor income of India ? Give reasons for your answer Profit earned by an Indian company from its branch in Singapore.

Will the following be a part of domestic factor income of India? Give reasons for your answers. (i) Old age pension given by the government. (ii) Factor income from abroad. (iii) Salaries to Indian residents working in Russian embassy in India. (iv) Prifits earned by a compnay in India, which is owned by a nonresident.

How are following treated in the estimation of domestic factor income ? Profit earned by a branch of State Bank of India in England.

How will you treat the following while estimating national income of India ? Give reasons for your answer. (i) Salaries received by Indian residents working in Russian Embassy in India . (ii) Profits earned by an Indian bank from its branches abroad. (iii) Goods and Services Tax received by the government.

Will the following factor incomes be a part of domestic factor income of India ? Give reasons for your answer Compensation of employees given to residents of China working in Indian Embassy in China.

Home
Profile