Press Enter

Share with your friends and help them crack UPSC!

Or Share on

Answer

Correct Option is 1 and 2 Only

Profit earned by manufacturing company of Japan established in India is not accounted in GNP of India (it will be accounted in GDP) Income earned by Indian professor for his lecture given in China will be accounted in China’s GDP. Gift sent by any person living abroad will not be accounted in India's GNP. As these are transfer payments i.e. unilateral in nature, so these will not be included in national income.

Get access to all of our verified questions