Question
EPFO invests in ETFs that mirror the performance of
prominent indices like BSE Sensex and Nifty 50. Additionally, EPFO also invests in ETFs that are created with the specific intention of divesting government shareholding in India Inc.But now as per government mandate, EPFO is allowed to invest anywhere between _________of its corpus in equity instruments.Solution
EPFO invests in ETFs that mirror the performance of prominent indices like BSE Sensex and Nifty 50. Additionally, EPFO also invests in ETFs that are created with the specific intention of divesting government shareholding in India Inc. But now, with an increased focus on equity instruments, EPFO is looking to target better returns and a larger investible domain for its corpus and subscribers. As per government mandate, EPFO is allowed to invest anywhere between 5 to 15% of its corpus in equity instruments. However, this ceiling has never been utilized by EPFO, with its maximum investment going just a little over 10%.
Anchal allocates 20% of his monthly salary to transportation, dedicates 50% to shopping, and invests 20% of the remaining balance in food expenses. The ...
A Salesman is allowed 18% commission on the total sales made by him and a bonus of 1% on the sales over Rs. 40000. If the total earning of a salesman is...
The value of A’s car is depreciating by 25% every year whereas the value of his house is appreciating by 17% each year as compared to the previous yea...
20% students (boys + girls) in a sports class are boys. Out of total boys, 45% are literate and 55 are illiterate. Find the number of literate girls in ...
If the student scores 27% of the marks, then he has failed by 186 marks. But if he scores 54% marks then he is passed by 246 marks. Find the passing per...
In a company, 45% of the workforce consists of females. The number of male employees exceeds that of females by 350. What is the equivalent of 40% of th...
A teacher distributes 300 toffees among her 4 students, A, B, C and D. A gets x% of total toffees, B receives 2x% of the remaining toffees, C receives (...
- Ravi spends 80% of his monthly salary. He also receives a bonus every month which is 10% of his salary. If his annual saving is Rs. 132000, find the bonus ...
A gave 45% of the amount he had to B. B gave 2/3rd of what he received from A to C. After paying Rs. 240 to the taxi driver out of the amount he gets fr...
A scored 38% marks and failed by 40 marks whereas B scored 68% marks, which was 50 more than the passing marks of the examination. Find the total marks ...
