If NHAI could receive a total of Rs. 9695 crores as Exter...
The following pie-chart shows the sources of funds to be collected by the National Highways Authority of India (NHAI) for its Phase II projects. Study the pie-chart and answers the question that follow.
Sources of funds to be arranged by NHAI for Phase II projects (in crores Rs.)
If NHAI could receive a total of Rs. 9695 crores as External Assistance, by what percent (approximately) should it increase the Market Borrowing to arrange for the shortage of funds?
4.5%
7.5%
6%
8%
Correct answer is C
Shortage of funds arranged through External Assistance } = Rs. (11486 - 9695) crores
= Rs. 1791 crores.
Therefore Increase required in Market Borrowing = Rs. 1791 crores.
Percentage increase required = ( 1791/29952 x 100 ) % = 5.98% ≈ 6%.
Similar Questions
During which of the following year was the ratio of income to the expenditure the minimum? ...
How many students of institutes of M and S are studying at graduate level? ...
How many countries exhibited a trade surplus ? ...
What is the percentage increase in the production of Company Y from 1996 to 1999? ...
During the period 1995-2000, the minimum rate of increase in sales is in the case of? ...