Question

Interest received by an. Indian resident from its abroad firms ______in domestic product of India.

Options

• Included

• Deducted

• Not to be included

• None of the above

Answer 1

Interest received by an. Indian resident from its abroad firms Not to be included in domestic product of India.

Explanation:

Interest received by an Indian resident from his or her foreign enterprises is factor income 'from abroad,' hence it is 'not included' in India's domestic income.