Directions (For the next four items): Refer to the graphs given below and answer the items that follow. Graph 1 — 'Foreign Investment Approvals and Inflows (US $ Mn.)', 1992–1996 (light bar = inflows, dark bar = approvals): 1992 inflows ~3000/approvals ~1500; 1993 inflows ~1500/approvals ~2500; 1994 inflows ~3500/approvals ~2800; 1995 inflows ~2000/approvals ~9800; 1996 inflows ~2000/approvals ~8000. Graph 2 — 'Sector-wise Foreign Investment approved for 1996' (pie): SAARC 2%, ASEAN 3%, EU 23%, NAFTA 35%, OTHER 37%.
86. What are the foreign investment approvals from SAARC, ASEAN and EU combined together in the year 1996 (in US $ Mn.)?
- A2240
- B5000
- C3500
- D2600
Explanation
1996 foreign investment approvals total about US$8000 mn (the dark bar for 1996). SAARC (2%) + ASEAN (3%) + EU (23%) = 28% of approvals, and 0.28 × 8000 = US$2240 mn.