Question
If Trade Deficit is Rs 2000 crores and imports is worth 4000 crore, then the value of exports will. be:
(
This question was previously asked in
Shift 28/05/2023 3:30 PM - 6:30 PM
A
Zero
B
4000 crore
C
2000 crore
D
6000 crore
Correct Answer
2000 crore
Detailed Explanation
The value of exports can be calculated by using the trade deficit and imports:
Trade Deficit = Value of Imports - Value of Exports
Given that Trade Deficit is Rs 2000 crores and the value of imports is worth 4000 crores, you can rearrange the formula to find the value of exports:
Value of Exports = Value of Imports - Trade Deficit Value of Exports = 4000 crores - 2000 crores Value of Exports = 2000 crores
So, the value of exports is 2000 crore. The correct answer is (3) 2000 crore.
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