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

  • question_answer
    Suppose India is exporting goods more as compared to importing goods, this will lead to ......... in balance of trade.

    A) surplus

    B) deficit

    C) Either (a) or (b)

    D) None of the above

    Correct Answer: A

    Solution :

    Export of goods leads to inflow of foreign exchange while import leads to outflow. In the given situation, as the inflows are greater than outflow, it leads to surplus in BoT.


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