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.

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Question 8

Between 2009-10 and 2010-11, the annual growth rate in India’s (percentage) export shares has been LOWEST for

Solution

Share

Among the four options 

Growth rate of North Africa = (1.59-1.75)/1.75=-0.091

Growth Rate of North East Asia=(14.83-16.1)/16.1= -0.07

Growth rate of North America = (10.98-11.9)/11.9=-0.07

Growth Rate of EU = (18.33-20.16)/20.16 = -0.090

The growth rate of North Africa is the lowest. 

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