Economy, asked by zaalvasania4990, 10 months ago

Interest paid by banks to rohit on his deposits is included in national income true or false

Answers

Answered by itzBrainlyBoy
5

Answer:

No, it will not be included in the national income as it is a part of intermediate consumption expenditure. 69. Payment of interest on borrowings by general government. No, it will not be included in national income because it is a non-factor payment as general government borrows only for consumption purpose.

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