Macro

Balance of Payments

Easy

If Trade Deficit is Rs 2000 crores and imports is worth Rs 4000 crore, then the value of exports will be :

Zero

Rs 4000 crore

Rs 2000 crore

Rs 6000 crore

✅ Correct Option: 3

Trade Deficit = Imports - Exports. Given Trade Deficit = Rs 2000 crore and Imports = Rs 4000 crore. So Exports = Imports - Trade Deficit = $4000 - 2000 = 2000$ crore.

2026: 21 May Shift 1

Under which of the following exchange rate systems appreciation and depreciation take place in the exchange rate?

2025: 3 June Shift 2

The value of elements of the balance of payments are given as:

Exports: $150$ million

Imports: $240$ million

Invisibles: $52$ million

Non-factor Services: $30$ million

Transfers: $32$ million

What is the current account balance?

2025: 3 June Shift 1

Which of the following best defines 'Unilateral Transfers' in the context of international transactions?

2025: 26 May Shift 2

Other things remaining same, if the income abroad increases, what is the likely effect of the same on national income of the domestic economy?

2026: 19 May Shift 2

Select the third element of BOP other than current and capital accounts.

2022: 15 July Shift 2

Match List I with List II

List I - Foreign Exchange Rate	List II - Derived Meaning
A. Fixed exchange rate	I. Mixture of fixed and flexible exchange rate system.
B. Floating exchange rate	II. Determined by government.
C. Managed floating	III. Expectation of gain from appreciation of the currency
D. Speculation	IV. Determined by market forces of demand and supply of forex

Choose the correct answer from the options given below:

If Trade Deficit is Rs 2000 crores and imports is worth Rs 4000 crore, then the value of exports will be :

Solution

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