Indian Institute of Foreign Trade 2011 Solved Paper

Question : 70 of 120

Marks: +1, -0

Had Gross Domestic Savings (GDS) between 2008-09 and 2009-10 increased by 30 percent, then during 2009-10 GDS expressed as a percentage of GDP at market prices would have been:

33.70 percent
36.85 percent
35.69 percent
None of the above

Validate

Solution:

If Gross Domestic Savings (GDS) between 2008-09 and 2009-10 increased by 30 percent, then the value of GDC in the year 2009-10

=1.3×1798347=2337851.10

Hence, GDS as a percentage of GDP at market prices in the year 2009-10

=2337851.10/6550271×100=35.69

percent.
Therefore, option C is the correct answer.

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