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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 - Economics

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प्रश्न

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

उत्तर

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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2016-2017 (March) All India Set 2

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Explain the distinction between autonomous and accommodating transactions in balance of payments. Also explain the concept of balance of payments 'deficit' in this context


Indian investors lend abroad. Answer the following questions :

(a) In which sub-account and on which side of the Balance of Payments Account such lending is recorded? Give reasons.

(b) Explain the impact of the lending on market exchange rate.


Indian investors borrow from abroad. Answer the following:

a. In which sub-account and on which side of the Balance of Payments Account will this borrowing be recorded? Give reason.

b. Explain what is the impact of this borrowing on exchange rate.


Give the meaning of balance of payments.


Distinguish between current account and capital account


Will the following be included in the domestic product of India? Give reasons for your answer.

Salaries of Indians working in the Russian Embassy in India


Will the following be included in the domestic product of India? Give reasons for your answer.

Profit earned by a branch of State Bank of India in Japan


Will the following be included in the national income of India? Give reasons for your answer

Financial assistance to flood victims


State the components of capital account of balance of payments. 


Answer the following question.
Discuss the various components of the current account of the balance of payment.


Where will sale of machinery to abroad be recorded in the balance of payment accounts?


Which of the following is not the component of Balance of Payment?


The following information is given for an imaginary country:

Current Account Amount (in ₹’000
Crore)
Visible Exports 100
Visible Imports 150
Invisible Exports 70
Invisible Imports 30
Net current transfer balance 15

Balance on current account will be ____________ of ₹ ______ thousand Crore.


Mention any one difference between Balance of Trade and Balance of Payment.


Categorise the following item into Current Account or Capital Account of Balance of Payment of India.

Acquisition of land in India by an American firm


Categorise the following item into Current Account or Capital Account of Balance of Payment of India.

Dividend paid to foreigners on their investment in shares in India.


If autonomous payments are higher than autonomous receipts, how can BOP be brought into balance?


List different components of Balance of Payment on current account and capital account.


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