Question

Profits earned by a branch of a foreign bank in India are ______ in the domestic product of India.

विकल्प

• Included

• Deducted

• No effect

• None of the above

Answer 1

Profits earned by a branch of a foreign bank in India are included in the domestic product of India.

Explanation:

Because earnings are earned in India's domestic territory, profits earned by a foreign bank branch in India will be 'included' in India's domestic revenue.