Find current account balance from the following- beginarray 111 Items - Rs in crores i Capital account balance - 80 1 text ii Export of services - 20 1 iii Balance of visible trade - 50 iv Transfers from one country to an another country - 5 array

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Standard XII

Economics

Current Account

Find current ...

Question

Find current account balance from the following:

$\begin{matrix} Items & (Rs in crores) (i) Capital account balance & 80 (ii) Export of services & 20 (iii) Balance of visible trade & 50 (iv) Transfers from one country to an another country & 5 \end{matrix}$

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Solution

Current Account Balance

= Balance of visible trade + Export of services + Transfers from one country to an another country

= Rs 50 crores + Rs 20 crores + Rs 5 crores

= Rs 75 crores

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Find current account balance from the following: Items(Rs in crores)(i) Capital account balance80(ii) Export of services20(iii) Balance of visible trade50(iv) Transfers from one country to an another country5

Current Account Balance = Balance of visible trade + Export of services + Transfers from one country to an another country = Rs 50 crores + Rs 20 crores + Rs 5 crores = Rs 75 crores

Find current account balance from the following:

$\begin{matrix} Items & (Rs in crores) (i) Capital account balance & 80 (ii) Export of services & 20 (iii) Balance of visible trade & 50 (iv) Transfers from one country to an another country & 5 \end{matrix}$

Current Account Balance

= Balance of visible trade + Export of services + Transfers from one country to an another country

= Rs 50 crores + Rs 20 crores + Rs 5 crores

= Rs 75 crores