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Question
The following information is given for an imaginary country:
| Current Account | Amount (in ₹’000 Crore) |
| Visible Exports | 100 |
| Visible Imports | 150 |
| Invisible Exports | 70 |
| Invisible Imports | 30 |
| Net current transfer balance | 15 |
Balance on current account will be ____________ of ₹ ______ thousand Crore.
Options
deficit, 10
surplus, 5
deficit, 5
surplus, 10
Solution
Balance on current account will be surplus of ₹ 5 thousand Crore.
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