1 View

Question : Direction: Study the bar diagram carefully and answer the question. The bar diagram shows the trends of Foreign Direct Investment (FDI) into India from all over the world (in INR crores).

The year that exhibited the second–highest growth percentage in FDI in India over the period shown is:

Option 1: 1993

Option 2: 1994

Option 3: 1997

Option 4: 1996


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 8th Jan, 2024

Correct Answer: 1994


Solution : From 1992 to 1993, India's FDI growth percentage = $\frac{10.15 – 5.7}{5.7}×100$ = 78.07%
From 1993 to 1994, India's FDI growth percentage = $\frac{20.16 – 10.15}{10.15}×100$ = 98.62%
From 1994 to 1995, India's FDI growth percentage = $\frac{10.22 – 20.16}{20.16}×100$ = –49.30%
From 1995 to 1996, India's FDI growth percentage = $\frac{24.23 – 10.22}{10.22}×100$ = 137.08%
From 1996 to 1997, India's FDI growth percentage = $\frac{31.36 – 24.23}{24.23}×100$ = 29.43%
Hence, the correct answer is 1994.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books