CBSE 2021 Class 12 Economics Term 1 Paper

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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)
Solution:  
(d) 700
Explanation:
BOT = Exports Imports
300=400 Imports
Imports =400+300=700
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