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DIRECTIONS for the question: Study the following Graph & table given below and answer the question that follows.
The Question based on the table below, which reports certain data series from National Accounts Statistics of India at Current Prices.
Q.  Identify the correct Statement
  • a)
    GDP (at Factor Cost) expressed as a percentage of GNP (at Factor Cost) has increased consistently between 2004-05 and 2009-10    
  • b)
    GDP (at Factor Cost) expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2008-09    
  • c)
    Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08    
  • d)
    Contribution to GDP from Primary Sector (at Factor Cost) expressed as a percentage of GDP (at Factor Cost) has decreased consistently between 2004-05 and 2009-10
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
DIRECTIONSfor the question:Study the following Graph & table given...
The ratio of GDP (at factor cost) and GNP in 2006-07 is 2971464/2949089.
►Note that the difference between the numerator and the denominator in die above given ratio is around 30 thousand and the denominator is dose to 30 lakhs and hence this value will be around 1.01 If we observe the rest of the data for GDP at factor cost and GNP for the rest of the years, we can see that for the year 2005-06 is the ratio of GDP (at factor cost) to that of GNP is 3389621 /3363505.
►Note that the difference between the numerator and the denominator in the above given ratio is around 25 thousand and the denominator is dose to 33.5 lakhs. Thus the ratio will be around 1.007 which is less than 1.01
Thus option 1 is incorrect.
►The ratio of GDP (at factor cost) to that of GDP (at market price) for 2006-07 is 3952241/4293672 This ratio turns out to be 0.9204 If we observe the rest of the data for the GDP (at factor cost) and that of GDP (at market price), vve can see that for the year 2007-08. the ratio is 4581422/4986426 This ratio turns out to be 0.9187
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DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The Question based on the table below, which reports certain data series from National Accounts Statistics of India at Current Prices.Q. Identify the correct Statementa)GDP (at Factor Cost) expressed as a percentage of GNP (at Factor Cost) has increased consistently between 2004-05 and 2009-10 b)GDP (at Factor Cost) expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2008-09 c)Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08 d)Contribution to GDP from Primary Sector (at Factor Cost) expressed as a percentage of GDP (at Factor Cost) has decreased consistently between 2004-05 and 2009-10Correct answer is option 'C'. Can you explain this answer?
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DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The Question based on the table below, which reports certain data series from National Accounts Statistics of India at Current Prices.Q. Identify the correct Statementa)GDP (at Factor Cost) expressed as a percentage of GNP (at Factor Cost) has increased consistently between 2004-05 and 2009-10 b)GDP (at Factor Cost) expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2008-09 c)Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08 d)Contribution to GDP from Primary Sector (at Factor Cost) expressed as a percentage of GDP (at Factor Cost) has decreased consistently between 2004-05 and 2009-10Correct answer is option 'C'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The Question based on the table below, which reports certain data series from National Accounts Statistics of India at Current Prices.Q. Identify the correct Statementa)GDP (at Factor Cost) expressed as a percentage of GNP (at Factor Cost) has increased consistently between 2004-05 and 2009-10 b)GDP (at Factor Cost) expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2008-09 c)Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08 d)Contribution to GDP from Primary Sector (at Factor Cost) expressed as a percentage of GDP (at Factor Cost) has decreased consistently between 2004-05 and 2009-10Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONSfor the question:Study the following Graph & table given below and answer the question that follows.The Question based on the table below, which reports certain data series from National Accounts Statistics of India at Current Prices.Q. Identify the correct Statementa)GDP (at Factor Cost) expressed as a percentage of GNP (at Factor Cost) has increased consistently between 2004-05 and 2009-10 b)GDP (at Factor Cost) expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2008-09 c)Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08 d)Contribution to GDP from Primary Sector (at Factor Cost) expressed as a percentage of GDP (at Factor Cost) has decreased consistently between 2004-05 and 2009-10Correct answer is option 'C'. Can you explain this answer?.
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