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प्रश्न
Giving valid reasons explain which of the following will not be included in estimation of National Income of India?
- Purchase of shares of X. Ltd. by an investor in the National Stock Exchange.
- Salaries paid by the French Embassy, New Delhi to the local workers of the housekeeping department.
- Compensation paid by the Government of India to the victims of floods.
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उत्तर
Following will not be included in estimation of National Income of India:
a) As such transactions are mere paper claims and do not lead to any value addition.
c) Compensation paid by the Government of India is mere transfer payment and does not lead to any flow of goods and services in an economy.
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संबंधित प्रश्न
Define budget deficit and trade deficit. The excess of private investment over saving of a country in a particular year was Rs 2,000 crores. The amount of budget deficit was (−) Rs 1,500 crores. What was the volume of trade deficit of the country?
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Reason (R): Public goods are excludable and rivalrous in nature.
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Study the following information and compare the Economies of India and Singapore on the grounds of ‘Investment in infrastructure as a percentage of GDP’
| Some Infrastructure in India and other Countries, 2018 | |||||
| Country | Investment* in Infrastructure as a % GDP | Percentage of people using safely managed | Mobile Subscribers/100 People | Consumption of energy (mL tonnes of oil equivalent) | |
| Drinking Water Sources | Sanitation Services | ||||
| China | 44 | 96 | 72 | 115 | 3274 |
| Hong Kong | 22 | 100 | 92 | 259 | 31 |
| India | 30 | 94 | 40 | 87 | 809 |
| South Korea | 31 | 98 | 100 | 130 | 301 |
| Pakistan | 16 | 35 | 64 | 73 | 85 |
| Singapore | 28 | 100 | 100 | 146 | 88 |
| Indonesia | 34 | 87 | 61 | 120 | 186 |
Sources: World Development Indicators 2019, World Bank website: www.worldbank.org.; BP Statistical Review of World Energy 2019. 69th Edition.
Note: (*) refers to Gross Capital Formation.
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