(ii) What is the ratio of differences in investment in 1996 in electrical and thermal areas?

Points to Remember:

  • The question requires a numerical answer representing a ratio.
  • We need data on investment in electrical and thermal areas in 1996. Without this data, a precise answer is impossible.
  • The ratio will be calculated as (Investment in Electrical Area – Investment in Thermal Area) / (Investment in Thermal Area – Investment in Electrical Area) or vice versa, depending on which difference is placed in the numerator.

Introduction:

This question asks for the ratio of the difference in investment between the electrical and thermal sectors in 1996. To calculate this ratio, we need specific data on the investment figures for each sector during that year. Investment in these sectors is crucial for a nation’s infrastructure development and economic growth. Without access to the relevant investment data (e.g., from government reports, industry publications, or statistical databases), a precise numerical answer cannot be provided. The following analysis will outline the method for calculating the ratio if the necessary data were available.

Body:

Calculating the Ratio:

Let’s assume, for illustrative purposes, that we have the following hypothetical investment data for 1996:

  • Investment in the Electrical Area (IE): $100 million
  • Investment in the Thermal Area (IT): $50 million

Using this hypothetical data, the calculation would proceed as follows:

  1. Find the difference: The difference in investment is IE – IT = $100 million – $50 million = $50 million. Alternatively, the difference could be calculated as IT – IE = -$50 million.

  2. Calculate the ratio: The ratio of the difference would then be expressed as:

  3. Option 1 (using the first difference): $50 million / $50 million = 1:1 This implies that the difference in investment in the electrical area is equal to the difference in investment in the thermal area.

  4. Option 2 (using the second difference): -$50 million / $50 million = -1:1 This implies that the difference in investment in the thermal area is equal to the negative of the difference in investment in the electrical area.

Importance of Accurate Data:

The accuracy of the calculated ratio is entirely dependent on the accuracy and reliability of the underlying investment data. Using inaccurate or incomplete data would lead to a misleading or erroneous ratio. Therefore, accessing reliable sources of information is crucial for any meaningful analysis.

Conclusion:

Without the specific investment figures for the electrical and thermal areas in 1996, a precise ratio cannot be calculated. The method outlined above demonstrates how the ratio would be calculated if the necessary data were available. The ratio provides a valuable metric for comparing investment patterns in different energy sectors, informing policy decisions regarding resource allocation and infrastructure development. Future analyses should prioritize obtaining reliable data from credible sources to ensure accurate and meaningful results. A balanced approach to investment in both electrical and thermal areas is crucial for sustainable and diversified energy infrastructure, promoting economic growth and environmental responsibility.

CGPCS Notes brings Prelims and Mains programs for CGPCS Prelims and CGPCS Mains Exam preparation. Various Programs initiated by CGPCS Notes are as follows:-

error: Content is protected !!