Instructions
Out of 10 countries -- Country 1 through Country 10 -- Country 9 has the highest gross domestic product (GDP), and Country 10 has the highest GDP per capita. GDP per capita is the GDP of a country divided by its population. The table below provides the following data about Country 1 through Country 8 for the year 2024.
• Column 1 gives the country's identity.
• Column 2 gives the country’s GDP as a fraction of the GDP of Country 9.
• Column 3 gives the country’s GDP per capita as a fraction of the GDP per capita of Country10.
• Column 4 gives the country’s annual GDP growth rate.
• Column 5 gives the country’s annual population growth rate.
Assume that the GDP growth rates and population growth rates of the countries will remain constant for the next three years.
Question 17.
For how many countries among Country 1 through Country 8 will the GDP per capita in 2027 be lower than that in 2024?
Question Explanation
We are given the following table,
This table compares the GDP, GDP per capita, and population of eight countries, all of which are referenced using a consistent set of units.
Specifically, the GDP values are all given with the same country as the reference point (The reference point being Country 9)
Similarly, the GDP per capita among the eight countries in the table is given using the same reference point (The reference point being Country 10)
As a result, when comparing two countries from the list in terms of GDP, GDP per capita, or population, we can directly use the values presented in the table, since they are all based on a uniform reference point.
We can compare the population of two countries using the formula,
For example, to compare the GDP of Country A and Country B, we can simply use the values listed under "GDP" in the table, as both are referenced using the same country throughout. This eliminates the need for additional conversions or adjustments.
We are asked to find the number of countries where the GDP per capita is lower in 2027 than it was in 2024.
For the GDP per capita to be lower in the consequent years, the population growth rate has to exceed the GDP growth rate, since GDP per capita is nothing but GDP divided by the population. That means if the population growth rate is lesser than that of the GDP growth rate, the GDP per capita will only increase.
We can clearly see that none of the following countries fall in the scenario where GDP growth rate is lesser than that of the population growth rate. Countries 1, 2 and 7 have actually decreasing population rates thereby definitely increasing the GDP per capita.
The rest of the countries have GDP growth rates larger than the population growth rates.
Hence, we can conclude that, none of the countries will have a smaller GDP per capita in 2027 when compared to 2024.
Master CAT Preparation with Previous Year Papers
Practicing CAT previous year papers is one of the most effective strategies for CAT exam preparation. By solving questions from CAT 2024 dilr-slot-3 and other previous years, you can understand the exam pattern, difficulty level, and types of questions asked in the Common Admission Test.
Why Practice CAT Previous Year Questions?
- Understand Exam Pattern: CAT previous papers help you familiarize yourself with the question format, marking scheme, and time management required for the actual exam.
- Identify Important Topics: By analyzing CAT solved questions from multiple years, you can identify frequently asked topics and focus your preparation accordingly.
- Improve Speed and Accuracy: Regular practice of CAT previous year papers enhances your problem-solving speed and accuracy, which are crucial for scoring well in the exam.
- Build Confidence: Solving CAT previous year questions builds confidence and reduces exam anxiety by making you comfortable with the exam format.
How to Use CAT Previous Papers Effectively
- Solve Under Exam Conditions: Attempt CAT previous year papers in a timed environment to simulate the actual exam experience.
- Analyze Your Performance: After solving each CAT previous paper, analyze your mistakes and identify areas that need improvement.
- Review Solutions Thoroughly: Study the detailed solutions and explanations provided for each question to understand the correct approach and methodology.
- Focus on Weak Areas: Use CAT solved questions to identify your weak areas and dedicate more time to improving them.
CAT Exam Sections Covered
Our comprehensive collection of CAT previous papers covers all three sections of the exam:
- VARC (Verbal Ability & Reading Comprehension): Practice reading comprehension passages, para jumbles, and other verbal ability questions from CAT previous years.
- DILR (Data Interpretation & Logical Reasoning): Master DI and LR questions with detailed solutions from CAT previous year papers.
- QA (Quantitative Ability): Solve arithmetic, algebra, geometry, and other quantitative ability questions from CAT solved papers.
Additional CAT Preparation Resources
Looking for more CAT preparation materials? Explore our comprehensive collection of:
- CAT Previous Papers Archive - Access questions from multiple years and slots
- CAT 2024 dilr-slot-3 Solved Solutions - Complete slot-wise solutions with explanations
- CAT Preparation Courses - Enroll in structured courses for comprehensive CAT preparation
Note: Regular practice of CAT previous year papers, combined with a structured study plan, is essential for achieving a high percentile in the CAT exam. Make sure to solve questions from all sections and review the solutions thoroughly to maximize your preparation effectiveness.
