will the following be included in estimation of domestic factor income of india-
1.rent paid by the embassy of japan in india to a resident indian
2.profits earned by branches of foreign bank in india
will the following be included in estimation of national income-
1.capital gains to indian residents from sale of shares of a foreign company
2.capital gain on sale of a house
3.interest received on debentures
4.scholarship given to indian students studying in india by a foreign company
5.rent paid by embassy of japan in india to an indian resident
what is the meaning of ' zero cost monopoly' ?
(a) Value Added by firms A and B, and
(b) Gross Domestic Product at Market Price.
(i) Dividend received by a foreigner from investment in shares of an Indian company will not be included in the estimation of nation income of India. This is because such dividends are a part of the factor incomes paid to the foreign residents. Thus, such dividends would not be included while estimating national income of India.
(ii) Profits earned by a branch of an Indian bank in Canada will be included in the estimation of national income in India. This is because branch of Indian bank in Canada comes under the domestic territory of India.
(iii) Scholarship given to the Indian students studying in India by a foreign company will not be included in the estimation of national income of India. This is because such scholarships are merely the transfer payments.
OR
The problem of double counting is an important problem that is involved in the
Q. 1 Classify the following as factor income or transfer income:
(i) Unemployment allowances.
(ii) Salary received by Rakesh from a company.
(iii) Financial help to earthquake victims.
(iv) Compensation received from the employer.
(v) Claim received from insurance company by an injured worker.
(vi) Birthday gift received from a friend.
Us din voh gola khatm ho jaega
......uuugh dukh hi dukh????
will the following be included in estimation of domestic factor income of india-
1.rent paid by the embassy of japan in india to a resident indian
2.profits earned by branches of foreign bank in india
will the following be included in estimation of national income-
1.capital gains to indian residents from sale of shares of a foreign company
2.capital gain on sale of a house
3.interest received on debentures
4.scholarship given to indian students studying in india by a foreign company
5.rent paid by embassy of japan in india to an indian resident
what is the meaning of ' zero cost monopoly' ?