Q.12 Read the following News Report and answer the following questions on the basis of the same: (3 marks)
India's trade deficit with China dips to $48.66 billion in 2021-22. In 2020-21, Exports to China in the last financial year stood at $ 18.9 billion, and the trade deficit stood at$ 53.56 billion. Chinese FDI has dipped to $163.78 million in 2021-22 from $229 million in the previous fiscal.

(i) "India's trade deficit with China dips to $ 48.66 billion in 2021-22." What has caused this?

(ii) How much was the Imports of goods from China in 2020-21?

(iii) "Chinese FDI has dipped to $163.78 million in 2021-22 from$ 229 million in the previous fiscal. What will be its impact on BOP position of lndia?
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