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Payment of interest by an individual to a bank ______ in domestic product of India. -

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Question

Payment of interest by an individual to a bank ______ in domestic product of India.

Options

  • Included

  • Deducted

  • Not to be included

  • None of the above

MCQ
Fill in the Blanks

Solution

Payment of interest by an individual to a bank Not to be included in domestic product of India.

Explanation:

Because it is not part of India's domestic territory, salaries paid to its workers by an embassy in New Delhi will 'not be included' in the country's domestic income.

shaalaa.com
Gross Domestic Product and Sectors
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