IIFT 2013 Question Paper Question 6

Instructions

Given below are the shares of India’s export basket to different regions (figures in percentage). Answer the questions on the basis of following data.


Question 6

Among the four options mentioned below, export share of India witnessed HIGHEST year-to-year decline in absolute terms in which of the region-period combinations?

Solution

Let us calculate the absolute difference for the given options:-
A. 10-9.98 = 0.12
B. 5.51-5.38 = 0.13
C. 17.2-17.1=0.1
D. 1.75-1.59 = 0.16
Thus, export share of India witnessed HIGHEST year-to-year decline in absolute terms in In West Asia (GCC) region from 2008-09 to 2009-10.
Hence, option C is the correct answer.



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