# IPMAT Question Paper 2019 | IPM Indore Quants

###### IPMAT Sample Paper | IPMAT Question Paper | Question 59

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Analyze the given data for exports and imports of rubber in Rs. crores from 2016 to 2017 and answer the questions based on the analysis.

Question 59 : Balance of trade is defined as imports subtracted from exports ( = exports - imports). Which of the following blocks of three years has witnessed the largest average negative balance of trade?

1. 2007-2009
2. 2015-2017
3. 2014-2016
4. 2010-2012

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### Explanatory Answer

Negative balance of trade means that the Imports are higher than the exports.

Average balance of Trade = (Sum of Imports – Sum of Exports)/(Number of years in the block)

From the table, the largest average negative balance of trade is 290 Cr in 2010 - 2012.

Therefore, the block of three years that has witnessed the largest average negative balance of trade is 2010 - 2012

The question is "Balance of trade is defined as imports subtracted from exports ( = exports - imports). Which of the following blocks of three years has witnessed the largest average negative balance of trade?"

##### Hence, the answer is 2010-2012

Choice D is the correct answer

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