Instructions
The following pie-chart shows the sources of funds (InRs. crores) to be collected by the National Highways Authority of India (NHAI) for its Phase II projects. Study the pie-chart and answer the following Three questions
Question 99
If NHAI could receive a total of Rs. 9,695 crores as External Assistance, by what percent (approximately) should it increase the Market Borrowing to arrange for the shortage of funds ?
Solution
Shortage of funds arranged through External Assistance = 11486 - 9695 = 1791 crores
=> Increase required in market borrowing = Rs. 1791 crore
% increase required = $$\frac{1791}{29952}$$ * 100 = 5.98%
= ~6%
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
