Bar Charts
Data Interpretation

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Common Information

The bar charts given below shows the details of the "Budgeted I-Tax" collections and the "Actual I-Tax" collections of India in each of the years from 2004-05 to 2008-09. Bar Chart-I shows the details of the Total I-Tax collections and bar chart-II shows the details of the Corporate I-Tax collections.

There are only two categories of taxpayers in India "Individual Taxpayers" and "Corporate Taxpayers". All the figures are in Rs. crores.

Common information image for Bar Charts, Data Interpretation:1167-1

\[ \text{Efficacy Ratio} = \left(\dfrac{\text{Budgeted I -Tax Collections}}{\text{Actual I - Tax Collections}}\right)\]

Q.

Common Information Question: 2/4

For how many of the given years the Efficacy Ratio of at least two out of "Total I-Tax" collections, "Corporate I-Tax" collections and "Individual I-Tax" collections is greater than 1?

 A.

0

 B.

1

 C.

2

 D.

3

 E.

Data Insufficient

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Solution:
Option(C) is correct

For the year $2005-06$ and $2008-09$:

Table below can be scrolled horizontally

 

Efficacy Ratio

 
 

Total

Corporate

Individual

2004-05

0.96

0.98

0.89

2005-06

1.03

0.98

1.5

2006-07

0.98

1.01

0.79

2007-08

0.96

0.99

0.86

2008-09

1.02

1.12

0.79

Alternate method:

2004 - 05: By visual inspection for both "Total I-Tax" and "Corporate I-Tax" efficacy ratio is less than one, hence we need not check for "Individual I-Tax".

2005 - 06: Similarly, efficacy ratio of "Total I-Tax" collections is more than one but for "Corporate I-Tax" it is less than one, calculating for "Individual I-Tax" it comes out to be more than one.

2006 - 07: Similarly efficacy ratio of "Corporate I-Tax" is more than one but that of "Total I-Tax" collection is less than one. The same value for "Individual I-Tax" comes out to be less than one.

2007 - 08: By visual inspection for both "Total I-Tax" and "Corporate I-Tax" efficacy ratio is less than one, hence we need not check for "Individual I-Tax".

2008 - 09: Similarly by visual inspection for both "Total I-Tax" and "Corporate I-Tax", efficacy ratio is greater than one.


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