If Balance of Trade is (-) ₹600 crore and value of exports is ₹500 crore, then the value of imports will be. |
₹1500 crore ₹1100 crore ₹100 crore ₹2200 crore |
₹1100 crore |
The correct answer is option (2) : ₹1100 crore BoT=Exports−Imports Given:
To find the value of Imports: −600=500−Imports Imports=500+600 Imports=1100 |