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1. |
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 |
A. | increased by 5 % |
B. | decreased by 13% |
C. | decreased by 20% |
D. | decreased by 11% |
Answer» E. | |