Direction: Q. No. (5- 7) are based on the data given below.

6. The LCV production estimated for 2024-25 is revised downward by 15%. The expected rate of growth of Trucks and Buses from 2020-21 to 2024-25 is revised upward to 40% What is the new combined growth rate of the two categories over the period 2018-19 to 2024-25 ?





Answer & Solution

Answer:

74.3 %

[Dairy Development Inspector, 2022]

7. What was the appropriate compounded annual growth rate in the production of jeeps between 2018-19 and 2020-21 ?





Answer & Solution

Answer:

14 %