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Previous Year Paper

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CAT-2002-Previous Years Paper

Question
45 out of 50
 

The chart given below indicates the annual sales tax revenue collections (in rupees in crores) of seven states from 1997 to 2001. The values given at the top of each bar represents the total collections in that year.

 

WB = West Bengal, UP = Uttar Pradesh, TN = Tamil Nadu, MA = Maharastra, KA = Karnataka, GU = Gujarat, 
AP 
= Andra Pradesh. [From Top to Down - WB is at the top and AP is at the bottom]


Which pair of successive years shows the maximum growth rate of tax rate of tax revenue in Maharashtra?



A 1997 to 1998
B 1998 to 1999

C 1999 to 2000
D 2001 to 2001

Ans. C

Growth rate of Tax revenue can be calculated as:

(sales revenue of current year - sales tax revenue of previous year)

For the year 1997-98 = 7826 - 7290/7826 = 0.068

For the year 1998-99 = 8067 - 7826/7826 = 0.030

For the year 1999-00 = 0284 - 8067/8067 = 0.274

For the year 2000-01 = 12034 - 10284/10284 = 0.170

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