The ratio of the number of years, in which the foreign exchange reserves are above the average reserves, to those in which the reserves are below the average reserves is?
Answer:C Explanation:Average foreign exchange reserves over the given period = 3480 million US $. The country had reserves above 3480 million US $ during the years 1992-93, 1996-97 and 1997-98, i.e., for 3 years and below 3480 million US $ during the years 1991-92, 1993-94, 1994-95, 1995-56 and 1998-99 i.e., for 5 years. Hence, required ratio = 3 : 5.
Answer:A Explanation:There is an increase in foreign exchange reserves during the years 1992 - 1993, 1994 - 1995, 1996 - 1997, 1997 - 1998 as compared to previous year (as shown by bar-graph). The percentage increase in reserves during these years compared to previous year are: For 1992 - 1993 = [ (3720 - 2640) x 100 ] % = 40.91%. 2640 For 1994 - 1995 = [ (3360 - 2520) x 100 ] % = 33.33%. 2520 For 1996 - 1997 = [ (4320 - 3120) x 100 ] % = 38.46%. 3120 For 1997 - 1998 = [ (5040 - 4320) x 100 ] % = 16.67%. 4320 Clearly, the percentage increase over previous year is highest for 1992 - 1993.
Answer:D Explanation:Average foreign exchange reserves over the given period = [ 1 x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120) ] million US $ 8 = 3480 million US $. Foreign exchange reserves in 1996 - 1997 = 4320 million US $. Therefore Required percentage = ( 4320 x 100 ) % = 124.14% ~= 125%. 3480
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