CAT 1999DILR Question 31

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Passage / Data

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

 

Destination of exports

In 1997-98, the trade deficit with respect to India, billion US dollars, for the region with the highest trade deficit with respect to India, is approximately equal to

Answer & solution

  • 6.0

  • B

    3.0

  • C

    4.5

  • D

    7.5

Solution

​​​​​​​

So, we see that region H has highest trade deficit of approximately 6,000millionor6,000 million or6 billion.

CAT 1999 DILR Q31: In 1997-98, the trade deficit with respect to India, billion US dollars, for the region with the highest trade — Solution | TheCATExam