Which one of the following is not correct in the context of the balance of payments of India during 2013-2014?

Question 122 Which one of the following is not correct in the context of the balance of payments of India during 2013-2014?

A) India's exports were less than its imports
B) Trade balance was negative
C) Net invisibles were positive
D) Captal Account balance was negative

Answer: Net invisibles were positive

Explanation: India’s net invisibles surplus increased to US$ 85.8 billion during 2013-14 as against US$ 80.3 billion during the corresponding period of 2012-13.

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