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Will the Following Be Included in the National Income of India? Give Reasons for Your Answer Salaries of Indians Working in the American Embassy in India - 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

Salaries of Indians working in the American Embassy in India

Solution

Salaries of the Indian working in the American embassy in India are included in the estimation of national income because they are normal residents of India.

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Solution Will the Following Be Included in the National Income of India? Give Reasons for Your Answer Salaries of Indians Working in the American Embassy in India Concept: Concept of Balance of Payments Account.
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