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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
Fill in the Blanks
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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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Methods of Measurement of National Income
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