मराठी

Suppose, following data is presented, for an imaginary economy: Year 2010 2020 Visible Exports 280 580 Visible Imports 240 460 - Economics

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प्रश्न

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?

पर्याय

  • Improvement in balance of trade

  • Increase in trade deficit

  • Improvement in balance in invisibles items

  • Deterioration of balance of trade

MCQ

उत्तर

Improvement in balance of trade

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Balance of Trade
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2022-2023 (March) Sample

संबंधित प्रश्‍न

Give meaning of balance of trade.


Distinguish between balance of trade and balance on current account?


The term official capital includes


What is the composition of private capital?


Mention the components of banking capital.


What are the credit items shown in currents accounts?


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?


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.


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.


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