Quant Quiz

(Directions: 1-5): Study the following bar charts carefully and answer the questions asked below.

Foreign Trade (Imports and Exports) by various countries



1. The ratio of the maximum exports to the minimum imports was closest to ?
(a) 64
(b) 69
(c) 74
(d) 79

2. How many countries exhibited a trade surplus ?
(a) 5
(b) 3
(c) 4
(d) 6

3. The total trade deficit/surplus for all the countries (together) was ?
(a) 11286 surplus
(b) 11286 deficit
(c) 10286 deficit
(d) 10286 surplus

4. The highest trade deficit was shown by which country ?
(a) C
(b) G
(c) H
(d) L

5. The ratio of exports to imports was highest for which country ?
(a) I
(b) A
(c) J
(d) K

Answers:

1. (b)
The value of maximum exports = 6045.
The value of minimum imports = 87.
Therefore, the required ratio (6045/8)= 69.48 = 69 (approximately).

2. (c)
Out of a total of 12 countries, 8 showed a deficit while 4 showed a surplus.

3. (b)
Exports= 25625
Imports= 36911
Sum of exports - Sum of imports = deficit (11286).

4. (d)
Visually its clear that L has the highest trade deficit.

5. (a)
I has a ratio of 4002/2744 = 1.45, which is the highest.

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