Assess the following statements regarding the components of Net Factor Income from Abroad (NFIA): Statement A: NFIA is the difference between factor income earned by our residents from the rest of the world and factor income earned by non-residents in our domestic territory. Statement B: Retained earnings of resident companies located abroad are a part of NFIA. Statement C: Remittances sent by Indian workers living abroad for more than one year are included in NFIA and National Income.

Consider the following statements: Statement I: GDP at factor cost excludes indirect taxes but includes subsidies. Statement II: GDP at market price includes both indirect taxes and subsidies. Which of the following options is correct?

Analyze the following statements regarding the intricacies of National Income accounting and identify the correct set: 1. All factor incomes earned by residents of India from the rest of the world are included in India's GNP. 2. The difference between National Income at Market Price and National Income at Factor Cost is the Net Indirect Taxes. 3. Profits earned by a branch of a foreign bank (e.g., HSBC) in India are part of India's GDP but not India's GNP. 4. Capital consumption allowance is another name for Depreciation. 5. In a closed economy with no government, GDP at Market Price is always equal to NDP at Factor Cost. 6. The value of leisure and its impact on the quality of life is captured under the 'Services' sector of GDP. 7. Windfall gains like lottery prizes are included in the 'Income Method' of National Income.