Lakshya Education MCQs

Question: What was the % rate of growth in production of ragi between the period 99-00 and 00-01?
Options:
A.4.05%
B.5.71%
C.1.67%
D.10%
Answer: Option B
: B

Production increased from 140 lakh tones to 148 lakh tones, increase 8140 = 5.71%

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More Questions on This Topic :

Question 1.  Between the years ’96-97 and ‘00-01, the following can be said about the cumulative production and consumption of ragi?
  1.    Cumulative production of ragi exceeded that of consumption by 18 lac tones
  2.    Cumulative consumption of ragi was 89% of the cumulative production of ragi during this period
  3.    Cumulative production of ragi exceeded cumulative consumption of ragi by 4.7% during this period.
  4.    Consumption of ragi never exceeded the production of ragi during this period
Answer: Option C
: C

Cumulative production of ragi= 678 lakh tones Cumulative consumption of rice = 647 lakh tones Cumulative production exceeds cumulative consumption by 4.7%
Question 2. Who had the minimum deviation from the opening amount?
  1.    Karan
  2.    Lavanya
  3.    Mariam
  4.    Nargis
Answer: Option B
: B

Based on the information, we can start from the bottom most row of the table and fill it upward as shown:- So answer option B
Question 3. Which of these players could not be in team Y, if the score of Y was 115?        
  1.    A
  2.    L
  3.    M
  4.    N
Answer: Option A
: A

There are two cases:- (1) D,E,H,B in team X and K,G,F in team Y (total=40). So the only possible team Y is K,G,F,L,M,N and I (total=115) (2) D,E,F in team X and K,G,H,B in team Y (total=55). So the possible addition to Y are:- a) L,M and N (total=53) b) L,M and I (total=60) c) I,M and N (total=55) d) I,L and N (total=57)
Hence answer option A
Question 4. Which of the following statements are true?

I) The YOY rate of growth of production of ragi has been greater than the YOY rate of growth of consumption of ragi during the period 97-98 to 00-01

II) The CAGR rate of growth of productionofragi has been greater than the CAGR rate of growth of consumption of ragi during the period 97-98 to 00-01

III) The amount of ragi exported in a given year was greater than the previous year during all the years in the period 97-98 to 00-01
  1.    I only
  2.    I and II only
  3.    III only
  4.    II only
Answer: Option D
: D

Year%Productiongrowth%Consumptiongrowth96979798101.6198994.552.3899001.452.3300015.713.03 From the table we can see that not in all years in the YOY% growth of production greater that YOY% growth in consumption. Hence, statement I is not true Overall production has grown faster than consumption. Hence, statement II is correct In 99-00, surplus ragi was less than that in 98-99. hence statement III is also not true.
Question 5. How much money did Mariam have initially?
  1.    25
  2.    54
  3.    122
  4.    none of these
Answer: Option B
: B

Based on the information, we can start from the bottom most row of the table and fill it upward as shown:- So answer option B

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