Profit earned by the London branch of an Indian bank is

part of India's domestic productCorrect answerYour answerIndia's factor income from abroadCorrect answerYour answera transfer paymentCorrect answerYour answerpart of India's exportsCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

The branch produces in the UK's territory, so it is in UK GDP.
Its profit belongs to an Indian resident company, so it adds to India's NFIA.

Concept: Profits from abroad
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsDomestic and national: NFIA

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Profit earned by the London branch of an Indian bank is

Explanation