1. The ratio of the number of years, in which the foreign exchange reserves are above the average reserves, to those in which the reserves are below the average reserves is?





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  • By: guest on 01 Jun 2017 11.13 pm
    Average foreign exchange reserves over the given period = 3480 million US $. The country had reserves above 3480 million US $ during the years 1992-93, 1996-97 and 1997-98, i.e., for 3 years and below 3480 million US $ during the years 1991-92, 1993-94, 1994-95, 1995-56 and 1998-99 i.e., for 5 years. Hence, required ratio = 3 : 5.
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