Q. 8 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 ` 50/USD to ` 60/USD. India’s GDP
in USD during the period 2012-2013.
(A) increased by 5%
(B) decreased by 13%
(C) decreased by 20%
(D) decreased by 11%
Answer: (D)
Explanation:
