CBSE 2021 Class 12 Economics Term 1 Paper

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Question : 44 of 60
 
Marks: +1, -0
If Balance of Trade of a nation shows deficit of ₹300 crores. The value of Exports are ₹400 crores and transfer payments are ₹50 crores. ₹ ______ crores will be the value of Imports.
(Choose the correct alternative)
Solution:
(d) 700
Explanation:
BOT = Exports − Imports
−300=400− Imports
Imports =400+300=700
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