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DI Test 1

Post your doubts on DI questions appearing in the class sheets and Basic reference books

DI Test 1

Postby sadmin » Tue Feb 26, 2013 10:55 am

PLEASE post your doubts of DI Test 1 here

Manish
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Re: DI Test 1

Postby Rachana_Sehgal » Fri Mar 01, 2013 9:26 am

q11 q16
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Re: DI Test 1

Postby sadmin » Fri Mar 01, 2013 9:27 am

11. Suppose the average employment level is 60 per factory. The average employment in “wholly private” factories is approximately
:
(a) 43 (b) 47 © 50 (d) 54

Solution:

If average employment per factory is 60 - then

Total employment (assuming 100 factories in total) = 6000

Total Employment in wholly private factories = 64.6% of 6000.

From the table it is a known that the number of wholly private factories is 90.3% of total factories - therefore if we assume that the total factories are 100 then the number of wholly private factories are 90.3.

Thus the average employment in wholly private factories =
64.6 % of 6000/ 90.3 = 42.9 = 43


16. The total value added in all sectors is estimated at Rs. 140,000 crores. Suppose that the number of firms in the joint sector
is 2700. The average value added per factory, in Rs. crores, in the central govt. is :
(a) 141 (b) 14.1 © 131 (d) 13.1

Solution
Total output = 140000 Crore
Output of the central Government = 14.1 % of 140000 crore
Number of factories in the joint sector are 1.8 % of the total factories = 2700
Total factories = 2700/(1.8 %)

Number of factories in the government sector = 1% of 2700/(1.8%) = 1500

Output per central government factory = 14.1% of 140000/1500 =13.1 crore
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Re: DI Test 1

Postby gaurav1399 » Fri Mar 01, 2013 9:29 am

Solution of Q13 Wrote:13. Gross Output = k × No. of employees

= k × variable cost
Variable cost is highest for the sector for
which Gross Output is the highest, i.e.,
Wholly Private.


Sir I think it should have been

Solution of Q13 should have been Wrote:13. Gross Output = k × No. of employees x Variable cost / emp.
= k × variable cost
Variable cost is highest for the sector for
which Gross Output is the highest, i.e.,
Wholly Private.
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