Discussion :: Bar charts
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The foreign exchange reserves in 1996-97 were approximately what percent of the average foreign exchange reserves over the period under review?
Answer : Option D
Explanation :
Average foreign exchange reserves over the given period
= [18 x x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120)] million US $
= 3480 million US $.
Foreign exchange reserves in 1996 - 1997 = 4320 million US $.
Required percentage = [ 43203480 x 100 ] % = 124.14%
125%.
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