Question: 1 -
The foreign exchange reserves in 1997-98 was how many times that in 1994-95?
-
1.2
-
0.7
-
1.4
-
1.5
Answer:
1.5
Solution:
Required ratio =5040/3360= 1.5
Required ratio =5040/3360= 1.5
Question: 2 -
For which year, the percent increase of foreign exchange reserves over the previous year, is the highest?
-
1994-95
-
1993-94
-
1996-97
-
1992-93
Answer:
1992-93
Solution:
There is an increase in foreign exchange reserves during the years 1992 - 1993, 1994 - 1995, 1996 - 1997, 1997 - 1998 as compared to previous year (as shown by bar-graph).
The percentage increase in reserves during these years compared to previous year are:
For 1992 - 1993 =

(3720 - 2640)
x 100
![]](https://www.indiabix.com/_files/images/data-interpretation/common/15-sym-cbracket-h1.gif)
% = 40.91%.
2640
For 1994 - 1995 =

(3360 - 2520)
x 100
![]](https://www.indiabix.com/_files/images/data-interpretation/common/15-sym-cbracket-h1.gif)
% = 33.33%.
2520
For 1996 - 1997 =

(4320 - 3120)
x 100
![]](https://www.indiabix.com/_files/images/data-interpretation/common/15-sym-cbracket-h1.gif)
% = 38.46%.
3120
For 1997 - 1998 =

(5040 - 4320)
x 100
![]](https://www.indiabix.com/_files/images/data-interpretation/common/15-sym-cbracket-h1.gif)
% = 16.67%.
4320
Clearly, the percentage increase over previous year is highest for 1992 - 1993.
There is an increase in foreign exchange reserves during the years 1992 - 1993, 1994 - 1995, 1996 - 1997, 1997 - 1998 as compared to previous year (as shown by bar-graph).
The percentage increase in reserves during these years compared to previous year are:
For 1992 - 1993 = | ![]() |
(3720 - 2640) | x 100 | ![]() |
% = 40.91%. |
2640 |
For 1994 - 1995 = | ![]() |
(3360 - 2520) | x 100 | ![]() |
% = 33.33%. |
2520 |
For 1996 - 1997 = | ![]() |
(4320 - 3120) | x 100 | ![]() |
% = 38.46%. |
3120 |
For 1997 - 1998 = | ![]() |
(5040 - 4320) | x 100 | ![]() |
% = 16.67%. |
4320 |
Clearly, the percentage increase over previous year is highest for 1992 - 1993.
Question: 3 -
The foreign exchange reserves in 1996-97 were approximately what percent of the average foreign exchange reserves over the period under review?
-
95%
-
110%
-
125%
-
115%
Answer:
125%
Solution:
Average foreign exchange reserves over the given period
=

1
x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120)
![]](https://www.indiabix.com/_files/images/data-interpretation/common/15-sym-cbracket-h1.gif)
million US $
8
= 3480 million US $.
Foreign exchange reserves in 1996 - 1997 = 4320 million US $.
Required percentage =

4320
x 100

% = 124.14%
125%.
3480
Average foreign exchange reserves over the given period
= | ![]() |
1 | x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120) | ![]() |
million US $ |
8 |
= 3480 million US $.
Foreign exchange reserves in 1996 - 1997 = 4320 million US $.
![]() |
![]() |
4320 | x 100 | ![]() |
% = 124.14% ![]() |
3480 |
Question: 4 -
The bar graph given below shows the foreign exchange reserves of a country (in million US $) from 1991 - 1992 to 1998 - 1999. Foreign Exchange Reserves Of a Country. (in million US $) The ratio of the number of years, in which the foreign exchange reserves are above the average reserves, to those in which the reserves are below the average reserves is?
-
3:5
-
4:4
-
2:6
-
3:4
Answer:
3:5
Solution:
Average foreign exchange reserves over the given period = 3480 million US $.
The country had reserves above 3480 million US $ during the years 1992-93, 1996-97 and 1997-98, i.e., for 3 years and below 3480 million US $ during the years 1991-92, 1993-94, 1994-95, 1995-56 and 1998-99 i.e., for 5 years.
Hence, required ratio = 3 : 5.
Average foreign exchange reserves over the given period = 3480 million US $.
The country had reserves above 3480 million US $ during the years 1992-93, 1996-97 and 1997-98, i.e., for 3 years and below 3480 million US $ during the years 1991-92, 1993-94, 1994-95, 1995-56 and 1998-99 i.e., for 5 years.
Hence, required ratio = 3 : 5.