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Previous Year Paper

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CAT-2002-Previous Years Paper

Question
33 out of 50
 

The following table shows the revenue and expenses in millions of Euros (European currency) associated with REPSOL YPF company’s oil and gas producing activities in operations in different parts of the world for 1998-2000.

 

REPSOL YPF’S Operations of Oil and Gas Producing Activities

S. No.

Item

Year

Total World

Spain

North Africa and Middle East

Argentina

Rest of Latin America

Far East

North Sea

Rest of the World

1

Revenue

1998

916

70

366

281

34

82

78

5

1999

3374

55

666

2006

115

301

140

91

2000

8328

394

1290

5539

482

603

0

20

2

Expenses

1998

668

39

255

187

57

63

52

15

1999

1999

48

325

1168

131

204

65

58

2000

3709

43

530

2540

252

311

0

33

3

Income before Taxes and charges (Revenue -expenses)
= [A. - B.]

1998

248

31

111

94

-23

19

26

-10

1999

1375

7

341

838

-16

97

75

33

2000

4619

351

760

2999

230

292

0

-13

4

Taxes and charges

1998

152

6

104

33

-3

9

6

-3

1999

561

3

169

338

-6

39

21

-3

2000

1845

126

404

1150

61

103

0

1

5

Net income -Taxes charges
= [C. - D.]

1998

96

25

7

61

-20

10

20

-7

1999

814

4

172

500

-10

58

54

36

2000

2774

225

356

1849

169

189

0

-14


Of the following statements, which one is not true?



A The operations in Spain had the best efficiency in 2000.

B The Far East operations witnessed an efficiency improvement from 1999 to 2000.

C The North Sea operations witnessed an efficiency improvement from 1998 to 1999.

D In 1998, the operations in Rest of Latin America were the least efficient.

Ans. D

It will take alot of time to check option D..

But if you happen to first rule out the options A., B. and C., then you can mark D..

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