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Calculate the current account balance from the information given below:

Exports = 400 crores

Imports = 750 crores

Net Invisibles

Income = - 60 crores

Transfer = 90 crores

Solution

✅ Correct Option: 3

Current account balance == trade balance ++ net invisibles. Trade balance =400−750=−350= 400 - 750 = -350 crores. Net invisibles =−60+90=30= -60 + 90 = 30 crores. Current account balance =−350+30=−320= -350 + 30 = -320 crores, a deficit of 320 crores.

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