Multiple Choice Questions on If in an economy the value of Net Factor Income from Abroad is Rs 200 crores and the valu........... for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

If in an economy the value of Net Factor Income from Abroad is Rs 200 crores and the valu...........

Economics (CUET) National Income Accounting
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     If in an economy the value of Net Factor Income from Abroad is Rs.200 crores and the value of Factor Income to Abroad is 40 crores. Identify the value of Factor Income from Abroad: 

    Rs.200 crores

    Incorrect Answer

    Rs.160 crores

    Incorrect Answer

    Rs.240 crores

    Correct Answer

    Rs.180 crores

    Incorrect Answer
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    Explanation:

    Option (3) is correct.
    Explanation: Net Factor Income from Abroad
    = Factor Income from Abroad - Factor Income to Abroad
    200 Factor Income from Abroad -40
    Factor Income from Abroad = 200 + 40 = 240 crores

     

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