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The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions are

Q. Assume that the average monthly exports from India and Imports to India during the remaining 4 months of 1998-99 would be same as that for the first 8 months of the year. What is the percentage growth rate in India's total trade deficit between 1997-98 and 1998-99?
  • a)
    43
  • b)
    47
  • c)
    50
  • d)
    40
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The following pie chart shows the following trade of India during 1997...
Trade deficit in 97-98 = 40779 – 33979 = 6800. Trade deficit in 98-99 = (28126-21436)*12/8 = 6690 + 3345. Increase in deficit = 3345 – 110/6800 = 47%
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The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Assume that the average monthly exports from India and Imports to India during the remaining 4 months of 1998-99 would be same as that for the first 8 months of the year. What is the percentage growth rate in Indias total trade deficit between 1997-98 and 1998-99?a)43b)47c)50d)40Correct answer is option 'B'. Can you explain this answer?
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The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Assume that the average monthly exports from India and Imports to India during the remaining 4 months of 1998-99 would be same as that for the first 8 months of the year. What is the percentage growth rate in Indias total trade deficit between 1997-98 and 1998-99?a)43b)47c)50d)40Correct answer is option 'B'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Assume that the average monthly exports from India and Imports to India during the remaining 4 months of 1998-99 would be same as that for the first 8 months of the year. What is the percentage growth rate in Indias total trade deficit between 1997-98 and 1998-99?a)43b)47c)50d)40Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Assume that the average monthly exports from India and Imports to India during the remaining 4 months of 1998-99 would be same as that for the first 8 months of the year. What is the percentage growth rate in Indias total trade deficit between 1997-98 and 1998-99?a)43b)47c)50d)40Correct answer is option 'B'. Can you explain this answer?.
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