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 9

Mark the HIGHEST figure from the following options

Solution

India’s simple average export share to North Africa during 2008-09 and 2009-10 = $$\dfrac{1.89+1.75}{2} = 1.795$$
India’s simple average export share to East Africa during 2004-05 and 2007-08 = $$\dfrac{1.37+2.58}{2} = 1.975$$
India’s simple average export share to Latin America during 2002-03 and 2004-05 = $$\dfrac{2.06+2.15}{2} = 2.105$$
India’s simple average export share to West Africa during 2007-08 and 20010-11 = $$\dfrac{2.13+1.71}{2} = 1.92$$
Clearly, India’s simple average export share to East Africa during 2004-05 and 2007-08 is the highest among the given options.
Hence, option C is the correct answer.


Create a FREE account and get:

  • All Quant Formulas and shortcuts PDF
  • 170+ previous papers with solutions PDF
  • Top 5000+ MBA exam Solved Questions for Free

cracku

Boost your Prep!

Download App