Question
The given bar graph shows the export of jute by a
company over the years 2011 to 2017. Which of the following pairs of years has the maximum percentage of decrease in export?Solution
To find the difference in each pair of years, 2011 - 2012 = 11.4 - 10.8 = 0.6 2012 - 2013 = 9.5 - 11.4 = - 1.9 2013 - 2014 = 9.9 - 9.5 = 0.4 2014 - 2015 = 7.8 - 9.9 = - 2.1 2015 - 2016 = 5.2 - 7.8 = - 2.6 2016 - 2017 = 6.5 - 5.2 = 1.3 Percentage Decrease = (Old Value - New Value)/Old Value x 100 From the above, we know that there was a decrease in export in the years 2012 - 2013, 2014 - 2015 and 2015 - 2016. In all these years, 2015 - 2016 has the maximum amount of decrease = -2.6/5.2 x 100 = 50% ∴ The maximum percentage of decrease in export was in the year 2015 - 2016.
Which of the following is not a quantitative tool of money supply used by the RBI?Â
‘Trivial transactions can be ignored’. Which of the following accounting convention is true in context of this statement?
The Central Government has notified the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for Central Government employe...
National Education Policy (NEP), 2020 was introduced with an aim to introduce several changes in the Indian education system - from the school to colleg...
Which term is the synonyms term to full range of frauds committed by business and government professionals?
Calculate the closing capital of an individual from the following information:
·      Initial capital in business – Rs.50000
The adjustments required in cash flow from operations to find free cash flow to the firm are:
Lee opened his new business on 1 January 2016. On that date, the only asset was a bank balance of $10,000.
During the year, Lee’d drawings...
XYZ Ltd reported total credit sales of Rs.12,80,000 at a gross profit margin of 15%. If the current ratio is 1.75 and inventory turnover of 4 times, wha...
In which of the following years the regional rural banks start functioning in India?