Question

Which of the following is factor income from abroad for an Indian resident and why?

(a) Interest income received by Indian resident on the bonds of companies operating in USA.
(b) Remittances by Indians settled abroad to their families in India.

Class XII
National income

Answer 1

interest income received by indian resident on the bonds of companies operating in U.S.A

Answer 2

Answer:

the correct answer will be interest income received by Indian presidents of the bonds of companies operating in USA