Multiple choice

The Youth Affairs and Sports Ministry has been allocated Rs 1,121 crores in the annual budeget for 2011-12. What is the percent (approx.) change against last year allocation?

  1. Increased by 35%

  2. Reduced by 35%

  3. Reduced by 65%

  4. Increased by 65%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Youth Affairs and Sports Ministry has been allocated Rs 1,121 crores in the annual budeget for 2011-12, which is nearly one-third of last year's Rs 3,315.67 crores. Last year allocation Rs. 3315.67 - Current Year allocation Rs. 1121 = Rs. 2194.67. %change = 2194.67 *100 / 3315.67 = 66% (approx. 65%). So it is reduced by 65%.