China’s foreign equity inflows in 1998 were 10 times that into India. It can be concluded that
Explanation:
Let x be the Foreign Equity inflow of India.
∴ China’s Foreign Equity inflow is 10x.
∵ FEI in India in 1998 = 0.72
∴0.72=xGDP of India
∴ GDP of India = x0.72
FEI in China in 1998 was 4.8.
∴ 4.8 = 10xGDP of China
∴ GDP of China = 10x4.8
∴GDP of ChinaGDP of India=10x4.8x0.72
∴GDP of ChinaGDP of India=1.5
∴ China's GDP is 50% higher than that of India.
Hence, option (c).
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