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Test: Data Interpretation - 1 (2019-2014)


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Test: Data Interpretation - 1 (2019-2014) - Question 1

The following three items are based on the graph given below which shows imports of three different types of steel over a period of six months of a year. Study the graph and answer the three items that follow.

The figures in the brackets indicate the average cost per ton over six months period.

Q. By how much (measured in thousands of tons) did the import of sheet steel exceed the import of coil steel in the first three months of the year?

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 1

Total import of sheet steel in first three months  = 40 + 37 + 36 = 113
Total import of coil steel in first three months = 30 + 31 + 33 = 94
Required value = 113 – 94 = 19.

Test: Data Interpretation - 1 (2019-2014) - Question 2

The following three items are based on the graph given below which shows imports of three different types of steel over a period of six months of a year. Study the graph and answer the three items that follow.

The figures in the brackets indicate the average cost per ton over six months period.

Q. What was the approximate total value (in $) of sheet steel imported over the six months period?

[2018

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 2

Total sheet steel important over six months period = 40 + 37 + 36 + 36 + 34 + 34 = 217
Total value = 217 × 256 = 55552 = 55550

Test: Data Interpretation - 1 (2019-2014) - Question 3

The following three items are based on the graph given below which shows imports of three different types of steel over a period of six months of a year. Study the graph and answer the three items that follow.

The figures in the brackets indicate the average cost per ton over six months period.

Q. What was the approximate ratio of sheet steel and scrap steel imports in the first three months of the year?

[2018

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 3

Total sheet steel imported in first three months = 40 + 37 + 36 =113
Total scrap steel imported in first three months = 32 + 34 + 32 = 98
Required ratio = 113 : 98 = 1.2:1

Test: Data Interpretation - 1 (2019-2014) - Question 4

The following graph indicates the composition of our tax revenue for a period of two decades :

With reference to the above graph, which of the following is/are the most logical and rational inference/ inferences that can be made?
1. During the given period, the revenue from Direct Taxes as percentage of gross tax revenue has increased while that of Indirect Taxes decreased.
2. The trend in the revenue from Excise Duty demonstrates that the growth of manufacturing sector has been negative during the given period.
Select the correct answer using the code given below.

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 4

1. Corporate tax (……) and personal tax (-----) are direct taxes. From graph it is clear that corporate tax is increasing tremendously whereas personal tax increased slightly.
Exercise customs and service tax are indirect taxes. From the graph, it is clear that exercise and customs decreased tremendously whereas service tax is increased.
Therefore, during the given period, the revenue from direct taxes as percentage of gross tax revenue has increased while that of indirect taxes decreased.
2. From the graph, it is clear that exercise duty is over all decreased tremendeusly. But after 2010, exercise duty increases slightly. This traineds of exercise duty has many reasons. One of then may be decreasing rate of exercise duty to promote manufacturing sector thats why after 2010 exercise duty increases slightly.

Test: Data Interpretation - 1 (2019-2014) - Question 5

The following table gives the GDP growth rate and Teledensity data of different States of a country in a particular year. Study the table and answer the two items that follow.

Q. With reference to the above table, which of the following is/are the most logical and rational inference/inferences that can be made?
1. Higher per capita income is generally associated with higher Tele-density.
2. Higher GDP growth rate always ensures higher per capita income.
3. Higher GDP growth rate does not necessarily ensure higher Tele-density.
Select the correct answer using the code given below.

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 5

According to the table tele-density is similar to others

Test: Data Interpretation - 1 (2019-2014) - Question 6

The following table gives the GDP growth rate and Teledensity data of different States of a country in a particular year. Study the table and answer the two items that follow.

Q. With reference to the above table, the following assumptions have been made:
1. Nowadays, prosperity of an already high performing State cannot be sustained without making further large investments in its telecom infrastructure.
2. Nowadays, a very high Tele-density is the most essential condition for promoting the business and economic growth in a State.
Which of the above assumptions is/are valid?

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 6

There are many points related to GDP of state and tele-density is similar to others according to table.

Test: Data Interpretation - 1 (2019-2014) - Question 7

The graph given below indicates the changes in key policy rates made by the Central Bank several times in a year:

Which one of the following can be the most likely reason for the Central Bank for such an action?

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 7

Repo rate and reverse repo rate is directly related to Anti-inflationary stance

Test: Data Interpretation - 1 (2019-2014) - Question 8

Consider the following graphs. The curves in the graphs indicate different age groups in the populations of two countries A and B over a period of few decades:


With reference to the above graphs, which of the following are the most logical and rational inferences that can be made?
1. Over the last two and a half decades, the dependency ratio for country B has decreased.
2. By the end of next two and a half decades, the dependency ratio of country A will be much less than that of country B.
3. In the next two decades, the work-force relative to its total population will increase in country B compared to country A.
Select the correct answer using the code given below.

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 8

Dependency Ratio

1. In country B, over the last two and a half decades (2025 to 2050), the sum of the number of people aged less than 15 years and more than 64 years is slightly increased but number of people aged from 15 to 64 years increased tremendously.  Therefore dependency radio of country B has decreased over the last two and half decades.
2. By the end of next two and a half decades (i.e. 2075), sum of the number of people aged less than 15 years and more than 64 years of country A is more than that of country B where as number of people of aged from 15 to 64 years of country A is less than that of country B.
Hence by the end of next two and a half decades, the dependency ratio of country A will be more than that of country B.
3. In the next two decades (i.e. 2050-2070), graph of workforce (i.e. population of aged from 15 years to 64 years) of country A is going lower and that of country B is going higher.
Therefore, in the next two decades, the work-force relative to its total population will increase in country B as compared to country A.

Test: Data Interpretation - 1 (2019-2014) - Question 9

Consider the following figures A and B:


The manufacturing cost and projected sales for a product are shown in the above figures A and B respectively. What is the minimum number of pieces that should be manufactured to avoid a loss?

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 9

Manufacturing cost of 1000 pieces = 600000
Cost of 1 piece when 1000 pieces manufactured 

Selling price of 1 piece when 1000 pieces manufactured = 400
Manufacturing cost of 2000 pieces = 700000
Cost of 1 piece when 2000 pieces manufactured 

Selling price of 1 piece when 2000 pieces manufactured = 350
Hence, required number of pieces = 2000

Test: Data Interpretation - 1 (2019-2014) - Question 10

Consider the following graph in which the birth rate and death rate of a country are given, and answer the two items that follow.

Q. Looking at the graph, it can be inferred that from 1990 to 2010

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 10

According to the graph, death rate is decreased faster than birth rate, therefore population growth rate has increased.

Test: Data Interpretation - 1 (2019-2014) - Question 11

Consider the following graph in which the birth rate and death rate of a country are given, and answer the two items that follow.

Q. With reference to the above graph, consider the following statements considering 1970 as base year:
1. Population has stabilized after 35 years.
2. Population growth rate has stabilized after 35 years.
3. Death rate has fallen by 10% in the first 10 years.
4. Birth rate has stabilized after 35 years.
Which of the above are the most logical and rational statements that can be made from the above graph?

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 11

After 2005 birth rate and population growth has no change.

Test: Data Interpretation - 1 (2019-2014) - Question 12

Consider the following graph: 

Which one of the following statements is not correct with reference to the graph given above?

[2018]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 12

According to the given graph, during mid of the August, actual progress was more than expected progress.

Test: Data Interpretation - 1 (2019-2014) - Question 13

The proportion of expenditure on various items by two families A and B are represented in the following Bar Charts:

From these charts, we can conclude that

[2015]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 13

A spent on food 

=  ₹10000
B spent on food 

= ₹100, 00
So, Both A and B spent same amount on the food.

Test: Data Interpretation - 1 (2019-2014) - Question 14

Year-wise variation of the price of a certain commodity is shown in the following graph:

The price of the commodity in the year 1990

[2015]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 14

From the graph commodity price are between ₹ 10 and ₹ 20.

Test: Data Interpretation - 1 (2019-2014) - Question 15

The graph below depicts the earnings of A and B over the period 2000 to 2010:

From the graph, which one of the following can be concluded?

[2015]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 15

From given years 2000 to 2007
Earnings of A > Earnings of B
So,
Average of A > Average of B
Hence, It can be conducted that the average A earned more than B during this period.

Test: Data Interpretation - 1 (2019-2014) - Question 16

An automobiles owner reduced his monthly petrol consumption when the prices went up. The price consumption relationship is as follows:

If the price goes up to ₹ 80 per litre, his expected consumption (in litres) will be

[2015]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 16

The product of price (in ₹/litre) and the monthly consumption (in litres) in constraint is equal to 2400.
Expected consumption when the price goes up to ₹ 80 per litre = 2400/80 = 30 litres

Test: Data Interpretation - 1 (2019-2014) - Question 17

The following table gives population and total income of a city for four years :

Which one of the following statements is correct inrespect of the above data?

[2014]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 17

Rule out options:-
Option (a): - We clearly see that from 1993 to 94, increase in pop is less than 5% 
Option (b): - from year 1994 to 1995
Increase in income


∴ Not true
Option (c): per capita income (p.c.i.)


Option (c) is correct.

Test: Data Interpretation - 1 (2019-2014) - Question 18

The following table shows the marks obtained by two students in different subjects :


The difference in the mean aggregate percentage marks of the students is

[2014]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 18

For A Agg marks = 60 + 70 + 50 + 30 = 210
Agg max marks = 100 + 100 + 100 + 50 = 350

For B:
Agg marks = 80 + 70 + 60 + 15 = 225
Agg max marks = 150 + 100 + 100 + 25 = 375


Difference in agg percentage = 0
Note: Difference in agg percentage is same as difference in mean agg percentage.

Test: Data Interpretation - 1 (2019-2014) - Question 19

The following graph shows the average profit of two fruit-sellers A and B in thousands (₹) per year from the year 1995 to 2000. Consider the graph and answer the 4 (four) items that follow :

Q. In which year is the average profit of A and B same?

[2014]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 19

From the given options, in 1996, the graphs of A & B intersect, which shows, same average profit.

Test: Data Interpretation - 1 (2019-2014) - Question 20

The following graph shows the average profit of two fruit-sellers A and B in thousands (₹) per year from the year 1995 to 2000. Consider the graph and answer the 4 (four) items that follow :

Q. What is the difference between the average profit of B and A in the year 1998?

[2014]

Detailed Solution for Test: Data Interpretation - 1 (2019-2014) - Question 20

From the graph, we observe that the difference between points A & B is more than half of 1000, but less than 1000.

∴ 500 < |Difference between A and B| < 1000.
From the option, + 600 satisfies this condition.

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