Question

Interest on loans paid by commercial bank will include in national income or not.
Please give answers in ur own words.​

Answer 1

Yes, interest paid by commercial banks will be included in national income since it is considered to be a corporate income to rbi and thus it is included.

I hope this would have helped you

Answer 2

♥♥♥♥ hey ♥♥♥♥

Yes, Commercial bank borrow from RBI and pay interest on it which constitute income of RBI and reflected in it P&l account .Naturally the income of RBI will be included in GDP as part of corporate earnings .

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