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Consider the following data set showing the top 7 countries (in descending order) on
the basis of the crude oil reserve that they have reported:
Rank
Country
1
Saudi Arabia
2
Canada
3
Iran
4
Iraq
5
Kuwait
6
Venezuela
7
UAE
Country
2000
2001
2002
2003
2004
2005
Mauritius
US
UK
Singapore
Netherlands
Japan
FDI inflows in
India
20103
4070
3460
2694
2435
3856
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Let us now see that how questions can be generated out of this data at different
dimensions:
Observation based questions:
These questions require simple and careful observation of the data.
Q1. UKs total outflow in 2002 is what percentage of Indias total inflow of 2002?
Q2. For how many years, Indias total FDI inflow in any particular year is more than the FDI
outflow of the country given in that particular year?
Interpretation and Calculation (IC) based questions:
These questions require basic interpretation and calculation with data.
Q3. What is the total outflow of FDI from US in 2001?
Q4. Arrange the following in the ascending order Indias total FDI inflow in 2000 or in 2001
or 2002?
Explorative questions:
These questions will pose a hypothetical scenario, and may expect you to use, observation,
interpretation and calculation.
Q5. In the year 2006, India stops FDI inflows from Mauritius and it is observed that for each
of the remaining five countries, increase in FDI outflow to India in 2006 is exactly equal to
the 1/5th of Mauritiuss FDI outflow in 2000. For which country the percentage increase in
the FDI outflow is maximum over the data given for that country?
For how many of the above questions, do you get the exact idea that how would we solve
the questions? In ideal situation, it should be all five.
Now well see the solution and explanations to Data Set 1:
A1. Is this going to be more than 3460 or less than it?
6
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Hence we can conclude that UKs outflow is less than Indias inflow. Hence multiplier should
be less than 1.
So UKs outflow is 6/9 = 2/3 of Indias inflow = 66.66% of Indias inflow
A2. This is now a sitter.
Reflect the following statement upon yourself:
If % of total inflows of India < % of total outflows of that country, then Indias FDI inflows
will be more than the FDI outflow of that country in that particular year.
Hence three years is the answer.
A3. 3% of US outflow in 2001 = USD 1270 million
Hence 100% US outflow in 2001 = USD 1270 million 33.33 = USD 42329 mn
A4.
Year
2000
2001
2002
FDI inflows
20103
4070
3460
% of total inflows
44%
12%
6%
For the year 2000, Approximate FDI inflow in India = approx 2.2 (= 100/44) 20103 = 44000
approx.
For the year 2001, Approximate FDI inflow in India = approx 8.3 (= 100/12) 4070 = 32000
approx.
For the year 2002, Approximate FDI inflow in India = approx 16 (= 100/6) 3460 = 54000
approx.
So arranging it in ascending order we get:
FDI inflow in India in 2001 < in 2000 < in 2002.
A5.
This question expects us to explore the future scenario.
Average of Mauritius FDI inflow in 2000 = 20103/5 = 4020.6
Now let us see the solution:
Year
Country
FDI inflows in
India
% of total outflows
of that country
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2000
Mauritius
2001
US
2002
UK
2003 Singapore
2004 Netherlands
2005
Japan
20103
4070
3460
2694
2435
3856
56%
3%
9%
3%
14%
5%
35898
135667
38444
89800
17393
77120
Since FDI outflow for Netherlands is the lowest, hence a change of USD 4020 million will
reflect maximum percentage change.
Further, only understanding the type of questions is not sufficient. Ultimately, the objective
is to solve the questions. In the next section of this article, well see this:
Section II of the Article How to Excel in Data Interpretation
To Excel in Data Interpretation, a student is required to have the following four skills:
You should have a thorough understanding of the different data sets and related calculations. In the
next articles, I would present a data set, questions related and how to apporach those questions.
Addition is most important. After that, these are the two chapters that will have a lions
share in the calculations while solving any DI set.
Calculation techniques
pertaining to the data set
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13
reverse case, if numerator is very- very close to the multiple of denominator, then 13 is
78
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Thumb Rule 3 Dont get impressed with the data. Stay away from the technicalities. Keep focused
that for solving a particular question, what data may be required. We call this Reverse
Contemplating of the solution.
Let us understand the above thumb rules with the help of following example:
Question Set 2
Direction for questions 1 to 3: Go through the data given below and solve the questions based on
it.
Following bar chart gives the distribution of green land in the following countries.
Total green land area = 13,754 sq km.
Some of these green lands are protected and remaining are unprotected. Following bar chart gives
that distribution.
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
73
67
78
58
34
Brazil
Canada
China
India
Protected
1.
Malayasia
Pakistan
Unprotected
2.2382
3. 2845
4.2654
3.
41
2.
Japan
43
2.Japan
3. Brazil
4.Canada
Protected green land of India is what percentage of the protected green land of Pakistan?
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1. 48%
2.65%
3. 160%
4.220%
2.Japan
3. Brazil
4.Canada
Japan seems to be very unlikely, as its percentage share of Greenland is 9% only. Out of remaining
three options, China and Canada are having very close shares at 25% and 23% but
percentage of protected land in Canada is far higher than China (Canada = 67%, China =
58%), so quantity of protected land in Canada will be higher than that of China.
Next we have to compare Canadas protected greenland and Brazils protected Greenland.
Look at the following data:
Country
Canada
Brazil
%age
Protected
23%
67%
16%
73%
Obviously 23% of 67% of X is larger than 16% of 73% of X. It can be calculated through following
methods:
1st method:
For Canada
67% = 2/3 (approx.), so 67% of 23% = approx 2/3 of 23% = 46%/3 = 15.33%
For Brazil
16% = 1/6 (approx.), so 16% of 73% = approx 1/6 of 73% = 73%/6 = 12% approx.
Hence Canadas protected Greenland is maximum.
Hence option 4 is the answer.
Authors Note = Please keep in your mind that all the calculations that you are seeing above should
be done through mental calculation.
Now we would look at Q3:
Q3. Let us look at the data pertaining to India and Pakistan:
Country
India
%age
Protected
16%
34%
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Pakistan
6%
41%
%age
Unprotected Area
India
0.16
0.34
0.66
748.2176
1452.4224
Canada
0.23
0.67
0.33
2119.4914
1043.9286
Pakistan
0.06
0.41
0.59
338.3484
486.8916
Brazil
0.16
0.73
0.27
1606.4672
594.1728
China
0.25
0.58
0.42
1994.33
1444.17
Japan
0.09
0.78
0.22
965.5308
272.3292
Malaysia
0.05
0.43
0.57
295.711
391.989
8068.0964
5685.9036
Total
Difference of protected area and unprotected area = 2382. Hence option 2 is the answer.
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