CAT 1999 — DILR Question 32

Pie-ChartsEasy

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

What is the region with the lowest trade deficit with India in 1997-98?

Answer & solution

Correct answer: USA

USA
B
Asia
C
Others
D
Other EU countries

Solution

From the pie chart for 1997-98, we get that USA which is a region A has the lowest trade deficit.
(9% of imports – 19% of total exports)

$(\frac{9}{100} \times 40779 - \frac{19}{100} \times 33979)$

= $– 2785.9 million.

CAT 1999 — DILR Question 32

Answer & solution

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