Question 8 (Choice 2) - CBSE Class 12 Sample Paper for 2023 Solutions - Economics - Solutions to CBSE Sample Paper - Economics Class 12

Last updated at April 16, 2024 by Teachoo

The following information is given for an imaginary country:

Current Account	Amount (in ₹’000 Crore)
Visible Exports	100
Visible Imports	150
Invisible Exports	70
Invisible Imports	30
Net current transfer balance	15

Balance on current account will be ______ of ₹ thousand Crore.

deficit, 10
surplus,5
deficit, 5
surplus, 10

Answer:

b. surplus,5

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Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years and a teacher from the past 18 years. He teaches Science, Economics, Accounting and English at Teachoo

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