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NextQ2

Suppose that, the Balance of Trade of a nation exhibits a deficit of Rs. 50,000 crore. The import of visible items are five times of the exports of visible items. The value of exports of visible items would be Rs. ______ crore. (Choose the correct alternative to fill up the blank)

Introduction to Balance of PaymentsStudy Simplify SpecialPYQ1MCQ
Question 1

Read the following statements carefully : Statement 1 : Borrowings by a nation from the World Bank to finance Balance of Payment (BoP) deficit will be recorded in the capital account. Statement 2 : Autonomous transactions are independent of the condition of Balance of Payment (BoP) account. In light of the given statements, choose the correct alternative from the following :

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