Question

Study the following graph of monthly exports and imports (in Rs. million) in a particular year, given below, and note the information given in it to answer the Questions 1 to 4.

1. The maximum per cent fall in exports compared to the previous month was exhibited in the month of 

A. May 

B. June 

C. July 

D. September

2. In how many months was there a fall in exports, but a rise in imports compared to the previous month? 

A. 1 

B. 2 

C. 3 

D. 4

3. Trade balance for the whole period shown in the graph (in Rs. million) was approximately. 

A. 15

B. -10

C. -25

D. 10

4. The highest import was about ----- times the lowest import. 

A. 3.1

B. 1.1

C. 5.1

D. 7.1

5. In which of the following months was the largest deficit exhibited? 

A. March 

B. July 

C. August 

D. November

Answer 1

Correct option: 1 - D, 2 - B, 3 - B, 4 - B, 5 - C

Explanation: 

1. September.

2. August and November.

3.  Trade balance = Exports – Imports. The aggregate for the year is about –10 million.

4. 227/205 ≈ 1.1.

5. August (deficit is 227 - 218 = 9)