Multiple Choice Questions on is the difference between Domestic Income and National Income ........ for Common University Entrance Test (CUET) Preparation

National Income Accounting

Economics (CUET)

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Indian Economy - Understanding the basics of Indian economic system

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    _________is the difference between Domestic Income and National Income.

     

    NFIA
     

    Correct Answer

    Net Indirect Tax



     

    Incorrect Answer

    Depreciation

    Incorrect Answer

    All of the above

    Incorrect Answer
    Explanation:

    Option (1) is correct.
    Explanation: Net Factor Income from Abroad is the difference between the income earned from abroad for rendering factor services by the normal residents of the country to the
    rest of the world and the income paid for the factor services rendered by non-residents in the domestic territory of a country.

     


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