SSC CGL 2023 PYQ — Question 39

SSC CGL - 18 July 2023 - Shift 4 • General Awareness • Q39

Which of the following is NOT included in domestic income? 

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. Income earned by the non-residents outside the country.

 

Income earned by non-residents outside the country is not included in domestic income. Domestic income, or Gross Domestic Product (GDP), encompasses income generated within a country’s borders, including wages, profits, and rents earned by residents and industries operating within the country. It does not account for income earned by non-residents outside the country. Such income is considered in Gross National Income (GNI) calculations, which include earnings of residents from abroad.