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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
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B
B,C
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C
A,C
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D
A,C,D
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Solution

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

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.

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