Question:medium
If a country exports goods worth ₹ 600 crores and imports goods worth ₹ 450 crores, the value of Balance of Trade of the country would be ____ of ₹ ____ crores. (Choose the correct option)
If a country exports goods worth ₹ 600 crores and imports goods worth ₹ 450 crores, the value of Balance of Trade of the country would be ____ of ₹ ____ crores. (Choose the correct option)
Show Hint
BOT = Exports – Imports; Positive value = surplus, Negative value = deficit.
Updated On: Jan 14, 2026
- deficit, 150
- surplus, 150
- deficit, 1050
- surplus, 1050
Show Solution
The Correct Option is B
Solution and Explanation
Balance of Trade (BOT) is calculated as Exports minus Imports. \[= 600 - 450 = ₹ 150 \ \text{crores (surplus)} \]A positive Balance of Trade signifies a trade surplus.
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