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Will the Following Be Included in the Domestic Product of India? Give Reasons for Your Answer. Profit Earned by a Branch of State Bank of India in Japan - CBSE (Arts) Class 12 - Economics

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Question

Will the following be included in the domestic product of India? Give reasons for your answer.

Profit earned by a branch of State Bank of India in Japan

Solution

Profit earned by a branch of State Bank of India is not included in the estimation of domestic income because it is located in Japan and is not part of the domestic territory of India.

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Solution Will the Following Be Included in the Domestic Product of India? Give Reasons for Your Answer. Profit Earned by a Branch of State Bank of India in Japan Concept: Concept of Balance of Payments Account.
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