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Topic Balance of Trade
Asked 2 times in CSE over 3 years (2003–2006), peaking in 2003.
Key insights
- Most tested in CSE — 2 of 2 PYQs
- Most asked in 2003
- Recurs across 2 years (2003–2006)
Across exams
CSE · 2How the concept evolved
Largely a pre-2016 idea — watch for a comeback.
Related concepts
Ideas UPSC tests alongside this one — keep exploring.
Sample questions
You've seen the pattern — here are a few of the actual PYQs.
CSE2006
Assertion (A)'Balance of Payments' represents a better picture of a country's economic transactions with the rest of the world than the 'Balance of Trade'
Reason (R)'Balance of Payments' takes into account the exchange of both visible and invisible items whereas 'Balance of Trade' does not
- A Both 'A' and 'R', are individually true and 'R' is the correct explanation of 'A'. ✓
- B Both 'A' and 'R' are individually true but 'R' is not the correct explanation of ' A'.
- C 'A' is true but 'R' is false.
- D 'A' is false but 'R' is true.
✓ Correct answer: (A)
Economy › External Sector & Trade
CSE2003
Consider the following statements
- India's import of crude and petroleum products during the year 2001-02 accounted for about 27% of India's total imports
- During the year 2001-02, India's exports had increased by 10% as compared to the previous year. Which
of these statements is/are correct?
- A Only 1 ✓
- B Only 2
- C Both 1 and 2
- D Neither 1 nor 2
✓ Correct answer: (A)
Economy › External Sector & Trade
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