Advertisements
Advertisements
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.
पर्याय
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.
APPEARS IN
संबंधित प्रश्न
Give meaning of balance of trade.
Differentiate between balance of trade and current account balance.
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 are the credit items shown in currents accounts?
State the components of capital account.
Highlight the features of balance of trade.
Trade of visible items between the countries is known as ______.
When the import and export of visible items are equal, the situation is known as ______.
When there is a favourable balance of trade?
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 ______.
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.
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?
