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Answer
Yes, The profits earned by branches of foreign bank in India will be included in the domestic factor income as profits are earned within the domestic territory of India. Explanation:- The income generated by residents and non-residents within the domestic…
No, It will not be included in the national income as it is a mere accounting entry that is needed to accommodate the regular wear and tear of capital.
No, It will not be included in the national income as it is a transfer payment and occuring without any corresponding value addition. Explanation:- The payment of indirect taxes by a firm to the government is just a transfer payment.…
Yes, It will be included in the national income as it contributes to the current flow of services in the economy. Explanation:- The services of a school teacher are the factor services that add to the current flow of goods…
Yes, It will be included in the national income as the payment of family pension is like retirement pension, which is related to the employment contract signed by the government with CRPF personnel.
No, It will not be included in the national income as it is merely a transfer payment. Explanation:- Money transferred by government of India to the poor people is one-sided transfer. The poor people do not provide any factor services…
No, It will not be included in the national income as it is a transfer payment to the government. Explanation:- Payment of corporate tax will not be included in the national income. It is a part of corporate profits which…
Yes, It will be included in the national income as it is a part of the gross domestic capital formation. Explanation:- The addition to stocks during a year is the gross domestic capital formation. The gross domestic capital formation is…
No, It is not included in the national income because such contribution is made by the employees from the compensation of employees only. So, it is not separately included in the estimation of national income. Explanation:- The contribution to the…
No, It will not be included in the national income as it is merely a transfer payment. Explanation:- A Festival gift from an employer to the employees is a unilateral transfer. The employees do not provide any factor services in…