CAT 1999 — DILR Question 30
Directions: Answer the questions based on the following information
Consider the information provided in the figure below relating to India’s foreign trade in 1997-98 and the first eight months of 1998-99. Total trade with a region is defined as the sum of exports and imports from that region. Trade deficit is defined as the excess of imports over exports. Trade deficit may be negative.
A.USA G. Other East European countries
B. Germany H. OPEC
C. Other EU I. Asia
D.UK J. Other LDCs
E. Japan K. Others
F. Russia
| Source of Imports | |
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| Destination of exports | |
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In 1997-98 the amount of Indian exports, million US dollars, to the region with which India had the lowest total trade, is approximately
Answer & solution
Correct answer: 340
- A
750
340
- C
220
- D
440
From the pie chart, the region having lowest trade is K.
1% of imports + 1% of exports
∴ Indian exports are 1% of 3397.9 which is roughly 340 million USD.
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