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प्रश्न
What do you mean by Balance of trade?
उत्तर
Balance of trade denotes the difference between the value of import and the value of export during a year.
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संबंधित प्रश्न
Foreign capital long-term loan and foreign currency reserve are recorded under ______.
What is the composition of private capital?
Mention the components of official capital.
State the components of capital account.
Write down the structure of capital account
In which of the following categories are economic transactions of balance of trade recorded?
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): 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?
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.