CAT 2002DILR Question 23

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Passage / Data

Answer the following question based on the information given below.

Following table shows the REPSOL YPF's Operations of oil and gas producing activities.

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If efficiency is defined as the ratio of revenue to expenses, then which operation was the least efficient in the year 2000?

Answer & solution

  • A

    Spain

  • B

    Argentina

  • C

    Far East

  • None of the above

Solution

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Efficiency for all operations in 2000 is shown in the above table.

Efficiency is the least for the Rest of the World.

Hence, option (d).

CAT 2002 DILR Q23: If efficiency is defined as the ratio of revenue to expenses, then which operation was the least efficient in — Solution | TheCATExam