5. Milk and Ice cream used by the households are example of
goods.
1
6. What is fixed investment?
1
Read the following paragraph carefully and answer the question no.
(7-10) on the basis of above.
A normal Residence, whether a person or an institution, is one whose
centre of economic interest lies in the economic territory of the country
in which he lives. The resident lives or is located with in the economic
territory for more than one year and the resident carries out the basic
economic activities of earnings, spending and accumulation from that
location it is not necessary that a resident must be the national of the
country even foreigner can be the residence if they pass the above
stated economic criterion.
7. Define normal residence of a country.
1
8. The Indian people employed in WHO Located in India are (Normal
Resident/NON-Resident of India.
1
9. A Japanese tourist who stays in India for 61 days.(Normal
Resident/Non resident) of India.
1
10. Foreign Tourists visiting India for a month to see the TajMahal
(Normal Resident /Not a normal resident.) of India.
1
11. State with valid reason, Which of the following statement is true/
false:
3
TALA
Answers
Answered by
1
Answer:
Ice cream is the answer
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