CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

Find Current Account Balance from the following data:

ItemsRs in lakh(i)Balance of visible trade9,000(ii)Export of services9,000(iii)Import of services3,000


  1. 18,000

  2. 3,000

  3. 10,000

  4. 15,000


Solution

The correct option is D

15,000


Current Account Balance = Exports - Imports of services + Balance of visible of trade = 9,000 - 3,000 + 9,000 = 15,000

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
View More


People also searched for
View More



footer-image