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Question

Answer the questions based on the information given below:Balance of trade (BOT) is the difference between the value of a country's exports and the value of its imports for a given period.

What is the difference in BOT (in rupees) of India with China and France?


A
0.31
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B
4.9
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C
2.4
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D
3.5
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Solution

The correct option is A 0.31

The balance of trade with China = 4 × .4 – 5 × .4 = 1.6 – 2 = – 0.4 billion
The balance of trade with France = 4 × .04 – 5 × .04 = .16 – .25 = – 0.09billion

The difference in the balance of trade (in rupees)of India with China and France is how much in Rs. Billion = 0.31 billion. Hence, option A is correct.


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