Question

In a hypothetical economy, the following data is given : S. No. Items Amount (in crores) (i) Merchandise Exports = 100 (ii) Merchandise Imports = 90 Tourism = 70 (iv) Net Remittances from abroad = (-) 20 The value of Balance on Current Account would be ______ crores.
a) 100
(b) 70
(c) 80
(d) 60

iniaa kissa omg ​

Answer 1

Answer:

In a hypothetical economy, the following data is given : S. No. Items Amount (in crores) (i) Merchandise Exports = 100 (ii) Merchandise Imports = 90 Tourism = 70 (iv) Net Remittances from abroad = (-) 20 The value of Balance on Current Account would be ______ crores.

a) 100

(b) 70

(c) 80

(d) 60

Answer is d)60