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प्रश्न
Export are not a part of 'Net Factor Income from abroad'. Elaborate the reason behind the given statement.
उत्तर
Exports are not a part of NFIA.
- The difference between factor income from abroad and factor income to abroad is represented by NFIA. And factor income is the compensation for providing factor services, such as rent, wages and salaries, interest, and profit.
- Foreign demand (or expenditure on) domestically produced goods and services is represented by exports. As a result, it contributes to GDP.
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संबंधित प्रश्न
Suppose the GDP at market price of a country in a particular year was Rs 1,100 crores. Net Factor Income from Abroad was Rs 100 crores. The value of Indirect taxes − Subsidies was Rs 150 crores and National Income was Rs 850 crores. Calculate the aggregate value of depreciation.
Net National Product at Factor Cost of a particular country in a year is Rs 1,900 crores. There are no interest payments made by the households to the firms/government, or by the firms/government to the households. The Personal Disposable Income of the households is Rs 1,200 crores. The personal income taxes paid by them is Rs 600 crores and the value of retained earnings of the firms and government is valued at Rs 200 crores. What is the value of transfer payments made by the government and firms to the households?
An example of transfer payments is:
Which of the following is an example of Transfer Income?
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Which one is included in National Income?
Distinguish between Factor Income and Transfer Income.
State the meaning of 'normal resident' of a country.
