The Gross Domestic Product (GDP) in Rupees grew at 7% during 2012-2013. For…

GATE · 2014 · CS · Set 3 · General Aptitude

The Gross Domestic Product (GDP) in Rupees grew at 7% during 2012-2013. For international comparison, the GDP is compared in US Dollars (USD) after conversion based on the market exchange rate. During the period 2012-2013 the exchange rate for the USD increased from Rs. 50/ USD to Rs. 60/ USD. India’s GDP in USD during the period 2012-2013

  1. A.

    increased by 5 %

  2. B.

    decreased by 13%

  3. C.

    decreased by 20%

  4. D.

    decreased by 11%

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Correct answer: D

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