Economy, asked by vinaynardani004, 6 months ago

Following iteams are included/ excluded while estimating national income. Give reason.

1) Services render by family mambers to each other.

2) Profits earned by Indian companies from their branches abroad.

3)Gifts received from abroad.

4) Expenditure by the government on scholarship to students.

5) Free medical facilities provided to employees.

6) Wages received by Indian employees working in Pakistan Embassy.

7)Purchase of raw material by production units.

8)Income from looting bank.

9) Expenditure on advertisement by a firm.

10)Rent received by Indian resident on their building rented in London.

11) Profit earned by foregin firm in India.

12) Cash relief given to the flood victims.

Answers

Answered by gk26sachin
1

Answer:

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