If in an economy value of Net factor Income from Abroad is 200 cores and the Factor Income to Abroad is 40 crores. Identify the value of Factor Income from Abroad.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 240 Crores.
Given:
Net Factor Income from Abroad = 200 crores
Factor Income to Abroad = 40 crores
Net Factor Income from Abroad = Factor Income from Abroad – Factor Income to Abroad
Factor Income from Abroad = Net Factor Income from Abroad + Factor Income to Abroad
= 200 + 40
= 240 crores