Direction: Based on the data given below answer the following questions.
Growth and Pattern of State Expenditure
The increase in total expenditure between 1955-56 and 1977-78 is
  • a)
    15 fold
  • b)
    More than 13 fold
  • c)
    More than 14 fold
  • d)
    14 fold
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?

Related Test

Answers

EduRev CAT
Feb 10, 2022
Required increase = 13260.40 - 940.01 / 940.01 × 100=1310%
= Means more than 13 fold.
Hence option (b) is the correct answer.

Required increase = 13260.40 - 940.01 / 940.01 × 100=1310%= Means more than 13 fold.Hence option (b) is the correct answer.
Required increase = 13260.40 - 940.01 / 940.01 × 100=1310%= Means more than 13 fold.Hence option (b) is the correct answer.