Assume that the average monthly exports from India and Imports to India during the remaining 4 months of 98-99 would be same as for the first 8 months of the year
Question: 1
What is the region to which Indian exports registered the highest percentage growth between 1997-98 and 1998-99?
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In questions about percentage growth, compare the relative change in the pie chart segments from the previous year to the current one.
From the pie charts, the exports to the USA region showed the highest growth between 1997-98 and 1998-99. This is indicated by a notable increase in the percentage share of exports to the USA from one year to the next. Therefore, the Correct Answer is (2) USA.
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Question: 2
What is the percentage growth rate in India's total trade deficit between 1997-98 and 1998-99?
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To calculate percentage growth, subtract the previous year's value from the current year, divide by the previous year's value, and multiply by 100.
From the charts and the trade deficit data provided, the total trade deficit in India increased by approximately 50% from 1997-98 to 1998-99. This can be calculated by comparing the deficits from both years and applying the percentage growth formula. Therefore, the Correct Answer is (3) 50.
