Tables: Exercise-1



Directions: The figure for a country's foreign trade for the years 2010-11 to 2017-18 are given in the following table. Study the table carefully and answer the questions given below.


A country's foreign trade (Dollars in billion)

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  1. Which of the following is not increasing every year?

    1. Imports
    2. Exports
    3. Trade Deficit
    4. All of these


Answer: (c) Trade Deficit

Solution: No Description.

  1. Find in which year the ratio of the imports to exports is maximum?

    1. 2010-11
    2. 2012-13
    3. 2016-17
    4. 2017-18


Answer: (a) 2010-11

Solution: We have to calculate the ratio only for four years according to options.
for 2010-11 $$ = \frac{130}{60} = 2.16 $$ for 2012-13 $$ = \frac{160}{80} = 2 $$ for 2016-17 $$ = \frac{280}{180} = 1.55 $$ for 2017-18 $$ = \frac{320}{200} = 1.6 $$ Hence, it is clear that in the year 2010-11, the ratio of imports to exports is the maximum.

  1. Find in which year the increase in exports is maximum in percentage?

    1. 2014-15
    2. 2015-16
    3. 2016-17
    4. 2017-18


Answer: (b) 2015-16

Solution: We have to calculate only for four years according to options.
for 2014-15 $$ = \frac{200 - 180}{180} \times 100 $$ $$ = 11.11 \ \% $$ for 2015-16 $$ = \frac{240 - 200}{200} \times 100 $$ $$ = 20 \ \% $$ for 2016-17 $$ = \frac{280 - 240}{240} \times 100 $$ $$ = 16.66 \ \% $$ for 2017-18 $$ = \frac{320 - 280}{280} \times 100 $$ $$ = 14.28 \ \% $$ Hence, it is clear that in the year 2015-16, the increase in exports is the maximum.

  1. Find the total trade deficit for the last three years?

    1. $255 Billion
    2. $258 Billion
    3. $265 Billion
    4. $285 Billion


Answer: (d) $285 Billion

Solution: Trade deficit for the last three years, $$ = 120 + 100 + 165 $$ $$ = $285 \ Billion $$

  1. Find in which year the difference between imports and exports is maximum?

    1. 2011-12
    2. 2012-13
    3. 2016-17
    4. 2017-18


Answer: (d) 2017-18

Solution: The difference between imports and exports is called trade deficit, so it is clear from the table that in the year 2017-18, it is maximum.




Tables

Exercise-1

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