Will the following be included in the domestic product of India ? give reason for your answer (i) Profits erned by foreign companies in India. (ii) Salaries of Indians working in the russian Embassy in India. (iii) Profit earned by a branch of State Bank of Indian in Japan.

Will the following be included in the domestic product of India ? give

1.	Will the following be included in the domestic product of India ? give reason for your answer (i) Profits erned by foreign companies in India. (ii) Salaries of Indians working in the russian Embassy in India. (iii) Profit earned by a branch of State Bank of Indian in Japan.
Answer» (i) Profits earned by foreign companies will be a part of domestic product of India as Foreign companies in India are a part of fomestic territory of India. (ii) Salaries of Indians working in the Russian Embassy in India will not be a part of domestic product of India as Russian Embassy in India is not a part of domestic territory of India. (iii) Profits earned by a branch of State bank of India in Japan will not be a part of domestic product of India as the bank is located out of the domestic territory of India.