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Question : 44
Total: 60
If Balance of Trade of a nation shows deficit of ₹ 300 crores. The value of Exports are ₹ 400 crores and transfer payments are ₹ 50 crores. ₹ ______ crores will be the value of Imports.
(Choose the correct alternative)
(Choose the correct alternative)
Solution:
(d) 700
Explanation:
BOT = Exports − Imports
− 300 = 400 − Imports
Imports = 400 + 300 = 700
Explanation:
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