Indian Institute of Foreign Trade 2011 Solved Paper

Question : 72 of 120

Marks: +1, -0

Identify the correct Statement:

GDP (at Factor Cost) expressed as a percentage of GNP (at Factor Cost) has increased consistently between 2004- 05 and 2009-10.
GDP (at Factor Cost) expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2008-09.
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08
Contribution to GDP from Primary Sector (at Factor Cost) expressed as a percentage of GDP (at Factor Cost) has decreased consistently between 2004-05 and 2009-10.

Solution:

Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2004-05

=1052232/3242209×100=32.45

percent
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2005-06

=1266245/3692485×100=34.29

percent
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2006-07

=1540749/4293672×100=35.88

percent.
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2007-08

=1896563/4986426×100=38.03

percent.
We can see that Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08. Hence, option C is the correct answer.

Go to Question:

Prev Question

Next Question