A) Surplus of Rs. 1,950 crores
B) Deficit of Rs. 1,950 crores
C) Surplus of Rs. 5,000 crores
D) Deficit of Rs. 3,050 crores
Correct Answer: A
Solution :
Balance of trade is the difference between value of exports minus value of imports. In the given case, as exports exceeds imports there is a surplus amounting to Rs. 1,950 crores (5,000-3,050).You need to login to perform this action.
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