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State whether the following items will be included in the estimation of National Income or not: Give a reason for your answer. Profit earned by State Bank of India in a foreign country. - Economics

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Question

State whether the following items will be included in the estimation of National Income or not: Give a reason for your answer.

Profit earned by State Bank of India in a foreign country.

One Line Answer

Solution

Profit earned by the State Bank of India is included in national income because it is part of the operating surplus.

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