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Indian Institute of Foreign Trade 2011 Solved Paper
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© examsnet.com
Question : 69
Total: 120
The annual growth rate in the GNP series at factor cost was highest between;
2008-09 and 2009-10
2006-07 and 2007-08
2007-08 and 2008-09
2005-06 and 2006-07
Validate
Solution:
Let us check the options one by one.
Option (A): The annual growth rate in the GNP series at factor cost between 2008-09 and 2009-10
=
6095230
−
5249463
5249463
×
100
=
16.11
percent
Option (B): The annual growth rate in the GNP series at factor cost between 2006-07 and 2007-08
=
4560910
−
3919007
3919007
×
100
=
16.38
percent
Option (C): The annual growth rate in the GNP series at factor cost between 2007-08 and 2008-09
=
5249463
−
4560910
4560910
×
100
=
15.09
percent
Option (D): The annual growth rate in the GNP series at factor cost between 2005-06 and 2006-07 =
3919007
−
3363505
3363505
×
100
=
16.52
We can see that the value is the highest between 2005-06 and 2006-07.
Hence, option D is the correct answer.
© examsnet.com
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