Question

Among the following statements which are the correct ones.

A. Tata Steel experienced the highest percent decline in R & D expenditure in any single year during the given period.

B. Of all companies which incurred R & D expenditure every year during 2001-2003, total R & D expenditure / total sales was the highest for Dr. Reddy’s Laboratories Ltd.

C. During 2001-2003, in terms of sales growth, the best performer in the pharmaceuticals sector fared better than the best performer in the iron & steel sector.

D. Videocon International Ltd experienced the second largest percent decline in salaries & wages in any single year during the given period.

• A. B,D
• B. B,C
• C. A,C
• D. A,C,D

Answer 1

The correct option is B B,C

Statement A: Incorrect
Because in the year 2002-2003 Cipla had a 100% decline in the R&D Expenditure.
Statement B: Correct
$\begin{array}{cc}Company& Ratio\\ Ranbaxy& 0.0541\\ Dr.Reddy& 0.0696\\ Glaxosmithkline& 0.0033501\\ Infosys& 0.00565\\ BharatElectronics& 0.04655\\ SteelAuthorityofIndia& 0.0028\\ TataSteel& 0.00124\end{array}$
The ratio was highest for Dr. Reddy's
Statement C: Correct
During the year 2001-2003 in terms of sales growth, the best performer in the pharmaceuticals sector was that of Ranbaxy which had a 79.55% growth and no company had a growth rate greater than any company in the iron and steel sector.
Statement D: incorrect
Arvind mills in the year 2001-2002 and Indo Rama Synthetic Ltd in the year 2002-2003 have greater percentage decline than Videocon in any of the given years.