IIFT 2013 Question Paper Question 2

Instructions

Given below are the shares of sectoral FDI inflow to India in different years (figures in percentage). Answer the questions on the basis of following data.


Question 2

Over 2007 to 2012, the simple average share of FDI inflows has been SECOND LOWEST for

Solution

The simple average share of FDI inflows will be the 2nd lowest for the industry which has the sum of the FDI inflows the 2nd lowest
Calculating the sum of the FDI inflows for all the sectors we get:-
Service sector = 115.8
Construction Development = 56
Telecommunications = 37.4
Drugs and pharmaceuticals = 15.7
Computer Hardware and Software = 30.4
Chemicals(Other than fertilizers) = 25.1
Automobile industry = 23.7
Power = 24.8
Metallurgical industries = 25.3
Hotel and Tourism = 25
Thus, the simple average share of FDI inflows has been SECOND LOWEST for the Automobile industry.
Hence, option B is the correct answer.



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