Discussion Forum



 

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 answer the questions that follow.

 

piechart-ex1.jpg

 

Total funds to be arranged for Projects (Phase II) - Rs. 57,600 crores.

1)

If NHAI could receive a total of Rs. 9695 crores as External Assistance, by what percent (approximately) should it increase the Market Borrowings to arrange for the shortage of funds ?


A) 4.5%

B) 7.5%

C) 6%

D) 8%

Answer:

Option C

Explanation:

Shortage of funds arranged through External Assistance

        = Rs. (11486 - 9695) crores = Rs. 1791 crores.

Increase required in Market Borrowings = Rs. 1791 crores.

Percentage increase required =(1791/29952) X 100 %=5.98%=6%