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Payment of interest by a bank to an individual is ______ in the estimation of National Income.

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Question

Payment of interest by a bank to an individual is ______ in the estimation of National Income. 

Options

  • Included

  • Deducted

  • No effect

  • None of the above

MCQ
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Solution

Payment of interest by a bank to an individual is included in the estimation of National Income. 

Explanation:

Payment of interest by a bank to an individual: As a factor of income, it will be 'included' in the assessment of national income. 

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