How will you treat the following while estimating national income of I

1.	How will you treat the following while estimating national income of India? Give reason for your answer.
Answer» (i) Dividend received a foreigner from investment in shares of an Indian company- Not included separately. It is a part of profit & profit is calculated in National Income before the distribution of dividend. (ii) Profits earned by a branch of an Indian Bank in Canada- Included as a part of factor income from abroad. (iii)scholarship given to Indian students studying in India by a foreign company- Transfer payment- not includedno services are rendered by students against the payment.

How will you treat the following while estimating national income of India? Give reason for your answer.

Answer»

(i) Dividend received a foreigner from investment in shares of an Indian company- Not included separately. It is a part of profit & profit is calculated in National Income before the distribution of dividend.

(ii) Profits earned by a branch of an Indian Bank in Canada- Included as a part of factor income from abroad.

(iii)scholarship given to Indian students studying in India by a foreign company- Transfer payment- not includedno services are rendered by students against the payment.

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How will you treat the following while estimating national income of India? Give reason for your answer.

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