If Trade Deficit is Rs 2000 crores and imports is worth ₹4000 crore, then the value of exports will be :
Answer & explanation
Correct answer: option 3
The value of exports can be calculated using the trade balance formula:
Trade Balance=Exports−Imports
Given that the trade deficit is Rs 2000 and imports are Rs 4000:
−2000=Exports−4000
Solving for Exports:
Exports=4000−2000=Rs 2000 crores
So, the correct answer is Rs 2000 crores