1.  What was the percentage increase in the foreign exchange reserves in 1997-98 over 1993-94?

A. 100
B. 150
C. 200
D. 620
E. 2520

Answer: Option A

Explanation:

Foreign exchange reserves in 1997 - 1998 = 5040 million US $.

Foreign exchange reserves in 1993 - 1994 = 2520 million US $.

Therefore Increase = (5040 - 2520) = 2520 US $.

Therefore Percentage Increase =(2520x 100)% = 100%.
2520