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Bar Charts

The bar graph given below shows the foreign exchange reserves of a country (in million US $) from 1991 - 1992 to 1998 - 1999.

Foreign Exchange Reserves Of a Country. (in million US $)

Q1:

The foreign exchange reserves in 1996-97 were approximately what percent of the average foreign exchange reserves over the period under review?

A 95%

B 110%

C 115%

D 125%

ANS:D - 125%

Average foreign exchange reserves over the given period

= [ 1 x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120) ] million US $
8
= 3480 million US $. Foreign exchange reserves in 1996 - 1997 = 4320 million US $.
Therefore Required percentage = ( 4320 x 100 ) % = 124.14% ~= 125%.
3480



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