Question
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
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
Answer: Option D
:
D
Year%Productiongrowth%Consumptiongrowth96−9797−98101.6198−994.552.3899−001.452.3300−015.713.03
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.
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:
D
Year%Productiongrowth%Consumptiongrowth96−9797−98101.6198−994.552.3899−001.452.3300−015.713.03
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.
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