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With reference to Trade Balance, consider the following statements: Increase in the number of tourists may result in a positive ‘trade balance’. Depreciation of the Rupee will lead to a positive ‘trade balance’. Which of the statements given above is/are Correct?a)1 onlyb)Neither 1 nor 2c)Both 1 and 2d)2 onlyCorrect answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to Trade Balance, consider the following statements: Increase in the number of tourists may result in a positive ‘trade balance’. Depreciation of the Rupee will lead to a positive ‘trade balance’. Which of the statements given above is/are Correct?a)1 onlyb)Neither 1 nor 2c)Both 1 and 2d)2 onlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to Trade Balance, consider the following statements: Increase in the number of tourists may result in a positive ‘trade balance’. Depreciation of the Rupee will lead to a positive ‘trade balance’. Which of the statements given above is/are Correct?a)1 onlyb)Neither 1 nor 2c)Both 1 and 2d)2 onlyCorrect answer is option 'D'. Can you explain this answer?.

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