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.


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