CAT DILR Questions | CAT Pie Charts questions
Comprehension
Directions for Questions: Refer to the information and pie-charts given below and answer the questions that follow :
Consider the information provided in the figure below relating to India’s foreign trade in 1997-98 and the first eight months of 1998-99. Total trade with a region is defined as the sum of exports to and imports from that region. Trade deficit is defined as the excess of imports over exports. Trade deficit may be negative.
CAT/1999
Question . 20
In 1997-98, the trade deficit with respect to India, in billion US $, for the region with the highest trade deficit with respect to India, is approximately equal to
Explanatory Answer
Method of solving this CAT DILR Question from Pie Charts question
(a) Trade deficit is excess of imports over exports. From the pie-charts it is clear that H (23% imports and only 10% exports) has the highest trade deficit.
Deficit = 23% of 40779 – 10% of 33979
= 9379.17 – 3397.9
= 5981.27 million USD
= 5.98 billion USD 6 billion USD