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Exhibit I as under provides the data of India's Merchandize Imports (Billion US Dollar) on left axis  and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of India's on the right axis. Similarly; Exhibit 2 provides data of India's Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:
A.Trade Balance = Import Minus Exports
B:Trade Decit If Imports are more than Exports
C:TradeSurplus= If Exports are more than Imports
Exhibit 1: India's Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)
Exhibit 2: India's Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)
Q. Assuming India's absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be India's absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?
  • a)
    36 Billion US Dollar & 119.S Billion USDollar
  • b)
    38 Billion US Dollar & 117.5 Billion USDollar
  • c)
    34 Billion US Dollar & 118.5 Billion US Dollar
  • d)
    38 Billion US Dollar & 116.5 Billion US Dolla
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Exhibit I as under provides the data of Indias Merchandize Imports (Bi...
Trade deficit = Import - Export India' trade deficit in 2016 = 350 - 250 = 100 (USD in billions)
India' trade deficit in 2017 = 100 + 54 = 154  (USD in billions)
154 = Import - 324
Hence, import = 324 + 154 = 478 (USD in billions)
India food import percentage in 2017 = India food import percentage in 2016 = 7.5 (Given)
India food import percentage in 2017 = India food import percentage in 2016 = 25 (Given)
India's food export in 2017 = 478*7.5/100 = 35.85 = 36(Approx)  (USD in billion)
India's fuel export in 2017 = 478*25/100 = 119.5 (USD in billion)
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Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer?
Question Description
Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. 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 Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Exhibit I as under provides the data of Indias Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of Indias on the right axis. Similarly; Exhibit 2 provides data of Indias Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus ExportsB:Trade Decit If Imports are more than ExportsC:TradeSurplus= If Exports are more than ImportsExhibit 1: Indias Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Exhibit 2: Indias Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)Q.Assuming Indias absolute trade decit grows by S4 Billion USDollar and exportSbecome 324 Billion US Dollar in the year 2017. What shall be Indias absolute importSoffood and fuel in 2017 if sectoral composition of food, fuel, manufactures, ores and metals remain· same as that of2016?a)36 Billion US Dollar & 119.S Billion USDollarb)38 Billion US Dollar & 117.5 Billion USDollarc)34 Billion US Dollar & 118.5 Billion US Dollard)38 Billion US Dollar & 116.5 Billion US DollaCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.
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