The following pie-chart shows the sources of funds to be collected by the National Highways Authority of India (NHAI) for its Phase II projects. Study the pie-chart and answers the question that follow.
Sources of funds to be arranged by NHAI for Phase II projects (in crores Rs.)
If NHAI could receive a total of Rs. 9695 crores as External Assistance, by what percent (approximately) should it increase the Market Borrowing to arrange for the shortage of funds?
A.
4.5%
B.
7.5%
C.
6%
D.
8%
Correct answer is C
Shortage of funds arranged through External Assistance } = Rs. (11486 - 9695) crores
= Rs. 1791 crores.
Therefore Increase required in Market Borrowing = Rs. 1791 crores.
Percentage increase required = ( 1791/29952 x 100 ) % = 5.98% ≈ 6%.