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Economics · 2024 · 1 mark
CBSE 2024 · Region 1 · Set 1 · Q10
Suppose, the Balance of Trade of an imaginary economy shows a favourable balance of ₹ 500 crore. The values of merchandise exports are ₹ 1200 crore…
Suppose, the Balance of Trade of an imaginary economy shows a favourable balance of ₹ $\displaystyle 500$ crore. The values of merchandise exports are ₹ $\displaystyle 1200$ crore and transfer payments are ₹ $\displaystyle 400$ crore.The value of merchandise imports would be ₹ __________ crore.(Choose the correct alternative to fill in the blank)
Official answer
(C)
$\displaystyle 700$
Marking-scheme solution
(C)
$\displaystyle 700$
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CBSE Class 12 Economics past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.