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प्रश्न
Assuming that, the following data is given for an imaginary economy:
| Year → | 2020 (₹ in Cr.) |
2021 (₹ in Cr.) |
| Items ↓ | ||
| Exports of visibles | 1,000 | 1,100 |
| Imports of visibles | 800 | 850 |
The balance of Trade from 2020 to 2021 ______ by ₹ ______ crore.
विकल्प
increased, 200
increased, 50
decreased, 200
decreased, 50
उत्तर
The balance of Trade from 2020 to 2021 increased by ₹ 50 crore.
Explanation:
Balance of Trade (BOT) = Export of Visibles − Import of Visibles
BOT (2020) = 1,000 − 800 = 200 crores
BOT (2021) = 1,100 − 850 = 250 crores
BOT has increased from 50 crores from 2020 to 2021.
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संबंधित प्रश्न
Give meaning of balance of trade.
Distinguish between balance of trade and balance on current account?
Differentiate between balance of trade and current account balance.
The term official capital includes
What do you mean by Balance of trade?
Mention the components of official capital.
What are the credit items shown in currents accounts?
State the components of capital account.
Distinguish balance of payment and balance of trade
Highlight the features of balance of trade.
Trade of visible items between the countries is known as ______.
Balance of trade is measured as ______.
If balance of trade is (-) Rs. 600 crore and value of exports is Rs. 500 crore then the value of imports will be ______.
Suppose that the Balance of Trade (BOT) of a nation, exhibits a surplus of ₹ 20,000 crores. The import of merchandise of the nation is half of the exports of merchandise to the rest of the world.
The value of exports would be ₹ ____________ crores.
Read the following statements - Assertion (A) and Reason(R), Choose one of the correct alternatives given below:
Assertion (A): If the receipts and payments on the current account are equal to each other, it depicts a situation of Current Account Surplus.
Reason (R): A surplus current account means that the nation is a lender to other countries and a deficit current account means that the nation is a borrower from other countries.
Suppose, following data is presented, for an imaginary economy:
| Year | Visible Exports | Visible Imports |
| 2010 | 280 | 240 |
| 2020 | 580 | 460 |
Identify, which of the statement about the period 2010 to 2020 is correct?
