remittances from a relative working abroad are:
a- included in national income b- not included in national income
c- transfer payment
d- b and c
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Explanation:
Remittances from non-resident Indians to their families in India. ... (i) It will not be included in the domestic factor income of India as it is earned outside the domestic territory of India. (ii) It will not be included in the domestic factor income of India as it is the part of NFIA.
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