The table below gives the details of foreign tourist arrivals and foreign exchange earnings during the period 1995-1996 to 2001-2002. Answer these questions based on the data given in the following table.
FOREIGN TOURIST ARRIVALS AND FOREIGN EXCHANGE EARNINGS
Year
Foreign tourist arrivals (in lakh)
Percent change
Estimated foreign exchange (in millions of US $)
Percent change
1995-96
2190
-
2713
-
1996-97
2334
6.6
2878
6.1
1997-98
2371
1.6
2914
1.3
1998-99
2397
1.1
2993
27
1999-00
2505
4.5
3036
1.4
2000-01
2699
7.7
3168
4.3
2001-02
2423
-10.2
2910
-8.1
Question: 1
The maximum percentage increase in foreign tourist arrivals during the given period has been in
Percentage increase in foreign tourist = \(\frac{= \text{Number}\ \text{of}\ \text{tourists}\ \text{arrival} - {\text{previous}\ \text{year}\ \text{tourist}\ \text{arrival}}}{\text{previous}\ \text{year}\ \text{tourist}\ \text{arrival}} × 100\) For year 2001-2002 = No. of tourist visited decreased For year 2000-2001 = \(\frac{2699 - 2505}{2505} × 100\) = 8% For year 1999-2000 = \(\frac{2505 - 2397}{2397} × 100\) = 4% For year 1996-1997 = \(\frac{2334 - 2190}{2190} × 100\) = 6.5% As the highest %age increased is in year 2000-2001 The correct option is (B)
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Question: 2
The estimated foreign exchange earnings have been steadily increasing from the period
For option 1 = The estimated foreign exchange earnings decreased from the year 2000-01 to 2001-02 as shown in table. For option 2 = The estimated foreign exchange earnings have been steadily increasing for this period 1995-1996 to 2000-2001. For option 3 = The estimated foreign exchange earnings decreased from the year 2000-01 to 2001-02 as shown in table. For option 4 = option ruled out the possibility of option 4.
The correct option is (B)
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Question: 3
"As a result of September 11, 2001 incidents in the United States, the tourist arrivals dropped by about 10 percent, when compared with the previous year."
The data given in the table supports the above statement.
The above statement is not supported by the data given in the table.
Additional information is required to arrive at the above conclusion.
None of these.
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The Correct Option isA
Solution and Explanation
Number of tourists who arrived in USA in year 2000-01 = 2699 lakhs Number of tourists who arrived in USA in year 2001-02 = 2423 lakhs Percentage drop in tourist visit = \(\frac{\text{Number of Tourists in 2000--01} - \text{Number of Tourists in 2001--02}}{\text{Number of Tourists in 2000--01}} \times 100\) Percentage drop = \(\frac{2699 - 2423}{2699} \times 100\) Percentage drop = 10.23% ≈ 10% The correct option is (A)
