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Question

Given that the weight (%) of Petroleum crude and products in the total imports of India is 26.70, 27.87, and 30.87 in the years 2003-04,2004-05, and 2005-06 respectively. What is the ratio of yearly difference in the export of Petroleum Products and import of Petroleum crude and products, in dollar terms, in the year 2005-06 versus 2004-05?
  1. 1.48
  2. 1.36
  3. 1.46
  4. 1.38


Solution

The correct option is B 1.36

option (a)
30.87×6.3011.21×4.5427.87×5.018.57×3.57=1.36 approx.

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