If balance of trade shows a surplus of Rs 300 crore and unilateral payment is Rs 50 crore, how much is the balance on the capital account of balance of payments?

No worries! We‘ve got your back. Try BYJU‘S free classes today!

-300

No worries! We‘ve got your back. Try BYJU‘S free classes today!

350

No worries! We‘ve got your back. Try BYJU‘S free classes today!

-350

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
-350

Capital account balance will be the negative of the current account balance! Here, the current account shows a surplus of 350. So, the capital account balance is simply -350.

Suggest Corrections

Similar questions

Q. The Balance of trade shows a deficit of

R s . 300

crores. The value of exports are

R s . 500

crores. What is the value of imports?

Find the balance on the balance of payments account. Is the overall balance of payments balanced?

$\begin{matrix} Items & (Rs in lakhs) (i) Capital account balance & (-) 400 (ii) Value of imports & 150 (iii) Value of exports & 450 (iv) Unilateral transfers & 100 (v) Balance of visible trade & 200 \end{matrix}$

Q. Calculate the value of imports when balance of trade is

R s . (-) 400

crores and the value of exports is

R s .300

crores.

The balance of trade shows a surplus of Rs 10,000 crores and the import of merchandise is half of the export of merchandise. Find the value of exports.

The balance of trade shows a deficit of Rs 4,000 crore and the value of imports are Rs 10,000 crore. What is the value of exports?

Join BYJU'S Learning Program

If balance of trade shows a surplus of Rs 300 crore and unilateral payment is Rs 50 crore, how much is the balance on the capital account of balance of payments?

The correct option is D -350 Capital account balance will be the negative of the current account balance! Here, the current account shows a surplus of 350. So, the capital account balance is simply -350.

The correct option is D
-350

Capital account balance will be the negative of the current account balance! Here, the current account shows a surplus of 350. So, the capital account balance is simply -350.