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प्रश्न
Give meaning of balance of trade.
उत्तर
Balance of trade is the difference between the value of imports and exports of only the visible items of an economy.
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संबंधित प्रश्न
Distinguish between balance of trade and balance on current account?
The Balance of Payments councils consists of ______.
Foreign capital long-term loan and foreign currency reserve are recorded under ______.
The term official capital includes
What is the composition of private capital?
Mention the components of banking capital.
State the components of capital account.
Highlight the features of balance of trade.
In which of the following categories are economic transactions of balance of trade recorded?
When the import and export of visible items are equal, the situation is known as ______.
Balance of trade is measured as ______.
Read the following statements -Assertion (A) and Reason(R), choose one of the correct alternatives given below:
Assertion (A): Trade of invisible items between two nations is a part of capital account of Balance of Payment
Reason(R): Transactions that affect the asset-liability status of a country in relation to the rest of the world are known as Capital Account transactions.
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.
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.
