Question

In which period, did we have the most adverse trade balancefor India ?

• A. 1996-97
• B. 1989-90
• C. 1998-99
• D. 1990-91
• A. 6.5
• B. 9.56
• C. 5.06
• D. 10.26
• A. 1998-99
• B. 1991-92
• C. 1994-95
• D. 1993-94
• A. 1995-96
• B. 1993-94
• C. 1989-90
• D. None of these
• A. 1994-95
• B. 1993-94
• C. 1991-92
• D. 1995-96
• A. 15
• B. 15.75
• C. 14
• D. 17.88
• A. 83.4
• B. 86.3
• C. 65.1
• D. 87.0
• A. 272344
• B. 275571
• C. 273345
• D. 275572

Answer 1

The Correct Option is C

From the table we can see that, 1998-99 was the year with the most adverse trade balance for India with the lowest trade balance which is -8199.

The correct option is (C): 1998-99

Answer 2

The growth percentage of exports during the entire period = \(\frac{33659 - 16613}{16613}\)

≈ 102.60%

The average growth percentage of exports will be = \(\frac{102.60}{10}\) = 10.26%

The correct option is (D): 10.26

Answer 3

We can see from the table that, the year 1993-94 has the best e trade balance with -1068 which is the highest among all.

The correct option is (D): 1993-94

Answer 4

From the table, we can see that the year 1995-96 has the highest growth rate of exports with 8.7 

The correct option is (A): 1995-96

Answer 5

The Export/Import ratio in year 1991-92 = \(\frac{7.1}{7.8}\) = 0.91

The Export/Import ratio in year 1993-94 = \(\frac{8}{8.3}\) = 0.96

The Export/Import ratio in year 1994-95 = \(\frac{8}{8.7}\) = 0.91

 The Export/Import ratio in year 1995-96 = \(\frac{8.7}{10.1}\) = 0.86

So, the highest Export/Import ratio was in year 1993-94

The correct option is (B): 1993-94

Answer 6

First we will find the total percentage growth of exports from year 1992-93 to 1995-96,

percentage growth of exports = \(\frac{31795 - 18537}{18537} \times 100\) = 71.52%

Average percentage growth of exports = \(\frac{71.52}{4}\) (as this is 4 years interval)

≈ 17.88%

The correct option is (D): 17.88

Answer 7

First we will find out the Export and Import Ratio of year 1992-93 to 1998-99

Export and Import Ratio = \(\frac{Export}{Import} \times 100\)

The Export and Import Ratio of year 1992-93 = \(\frac{18537}{21882} \times 100\) ≈ 84.7

The Export and Import Ratio of year 1993-94 = \(\frac{22238}{23306} \times 100\) ≈ 95.4

The Export and Import Ratio of year 1994-95 = \(\frac{26331}{28654} \times 100\) ≈ 91.9

The Export and Import Ratio of year 1995-96 = \(\frac{31795}{36675} \times 100\) ≈ 86.7

The Export and Import Ratio of year 1996-97 = \(\frac{33470}{39132} \times 100\) ≈ 85.5

The Export and Import Ratio of year 1997-98 = \(\frac{35006}{41485} \times 100\) ≈ 84.3

The Export and Import Ratio of year 1998-99 = \(\frac{33659}{41858} \times 100\) ≈ 80.4

Average Export and Import Ratio = \(\frac{84.7 + 95.4 + 91.9 + 86.7 + 85.5 + 84.3 + 80.4}{7}\) = 86.5

≈ 86.3

The correct option is (B): 86.3

Answer 8

GDP = \(\frac{\text{Exports}}{\text{Export to GDP ratio}} \times 100\)

The GDP of the year 1989-90 = \(\frac{16613}{6.1} \times 100\)

The GDP of the year 1989-90 ≈ 272344

The correct option is (A): 272344