1.  For which year, the percent increase of foreign exchange reserves over the previous year, is the highest?
A. 1992-93
B. 1993-94
C. 1994-95
D. 1996-97
E. 1997-98

Answer: Option A

Explanation:

There is an increase in foreign exchange reserves during the years 1992 - 1993, 1994 - 1995, 1996 - 1997, 1997 - 1998 as compared to previous year (as shown by bar-graph).

The percentage increase in reserves during these years compared to previous year are:

For 1992 - 1993 =[(3720 - 2640)x 100]% = 40.91%.
2640

For 1994 - 1995 =[(3360 - 2520)x 100]% = 33.33%.
2520

For 1996 - 1997 =[(4320 - 3120)x 100]% = 38.46%.
3120

For 1997 - 1998 =[(5040 - 4320)x 100]% = 16.67%.
4320

Clearly, the percentage increase over previous year is highest for 1992 - 1993