Comprehension
The information below is about the IT industry in India I.T. Industry ($ million)
| Year ending | 95 | 96 | 97 | 98 | 99 |
|---|---|---|---|---|---|
| Software | |||||
| Domestic | 350 | 490 | 670 | 950 | 1250 |
| Export | 485 | 734 | 1083 | 1750 | 2650 |
| Hardware | |||||
| Domestic | 590 | 1037 | 1050 | 1205 | 1026 |
| Export | 177 | 35 | 286 | 201 | 4 |
| Peripheral | |||||
| Domestic | 148 | 196 | 181 | 229 | 329 |
| Export | 6 | 6 | 14 | 19 | 18 |
| Training | 107 | 143 | 185 | 263 | 302 |
| Maintenance | 142 | 172 | 182 | 221 | 236 |
| Networking | 36 | 73 | 156 | 1936 | 237 |
| TOTAL | 2041 | 2886 | 3807 | 5031 | 6052 |
Question: 1
The total annual exports lay between 35 and 40 percent of the total annual business of the IT industry, in the years :
The total annual exports lay between 35 and 40 percent of the total annual business of the IT industry, in the years :
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To calculate export percentage, remember to divide the total export by the total business of the industry, and then multiply by 100 to get the percentage.
Updated On: Aug 5, 2025
- 97-98 & 94-95
- 96-97 & 97-98
- 96-97 & 98-99
- 96-97 & 94-95
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The Correct Option is B
Solution and Explanation
To calculate the percentage of total exports, we add up the exports from the three categories: Software, Hardware, and Peripheral, for each year. For example, in the year 97-98, the total exports for the IT industry is calculated as follows:
\[
\text{Total Exports in 97-98} = \text{Software Export} + \text{Hardware Export} + \text{Peripheral Export} = 1083 + 1750 + 286 = 3119
\]
The total business for 97-98 is the sum of domestic and export figures for Software, Hardware, and Peripheral. We can calculate the percentage of export as:
\[
\text{Percentage of Export in 97-98} = \frac{3119}{\text{Total Business in 97-98}} \times 100
\]
The correct percentage of export falls within the range of 35-40% in the years 96-97 and 97-98.
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Question: 2
The highest percentage growth in the total IT business, relative to the previous year was achieved in :
The highest percentage growth in the total IT business, relative to the previous year was achieved in :
Show Hint
When calculating percentage growth, always subtract the previous year's total from the current year, divide by the previous year's total, and multiply by 100.
Updated On: Aug 5, 2025
- 95-96
- 96-97
- 97-98
- 98-99
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The Correct Option is B
Solution and Explanation
We can calculate the percentage growth in the total business by comparing the total business for each year relative to the previous year. The formula for percentage growth is:
\[
\text{Percentage Growth} = \frac{\text{Total Business in Current Year} - \text{Total Business in Previous Year}}{\text{Total Business in Previous Year}} \times 100
\]
By calculating for each year, we find that the highest percentage growth occurred between the years 96-97, which corresponds to option (2).
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Question: 3
Which of the following statements is correct?
Which of the following statements is correct?
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When analyzing trends over a period, always compare data year by year to identify consistent patterns.
Updated On: Aug 5, 2025
- The annual software exports steadily increased but annual hardware exports steadily declined during 1994-1999.
- The annual peripheral exports steadily increased during 1994-1999.
- The IT business in training during 1994-1999 was higher than the total IT business in maintenance during the same period.
- None of the above statements is true.
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The Correct Option is A
Solution and Explanation
Looking at the annual data for software and hardware exports, we can see that software exports consistently increased from 1995 to 1999. However, hardware exports showed a mixed trend, with some years experiencing growth and others experiencing decline. The statement that annual hardware exports steadily declined is incorrect, but software exports did indeed increase steadily. Thus, the correct statement is (1).
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