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12th Class Economics Financial Market / वित्तीय बाजार Question Bank MCQs - Balance of Payments

  • question_answer
    If trade deficit shows a balance of Rs. (-) 1,500 crores and export of goods is Rs. 5,500 crores, value of import of goods will be

    A) Rs. 6,000 crores

    B) Rs. 7,000 crores

    C) Rs. 75,00 crores

    D) Can't be determined

    Correct Answer: B

    Solution :

    Trade Balance = Export of Goods - Import of Goods (-) Rs. 1,500 crores = Rs. 5,500 crores - Import of Goods Import of Goods = Rs. 7,000 crores


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