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Will the Following Be Included in the National Income of India? Give Reasons for Your Answer Financial Assistance to Flood Victims - CBSE (Arts) Class 12 - Economics

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Question

Will the following be included in the national income of India? Give reasons for your answer

Financial assistance to flood victims

Solution

Financial assistance to flood victims is not included in the estimation of national income as it does not affect any production of goods and services.

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Solution Will the Following Be Included in the National Income of India? Give Reasons for Your Answer Financial Assistance to Flood Victims Concept: Concept of Balance of Payments Account.
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