New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Direction (Q. 61 - 65): Read the following data and table to answer the following questions. There are five persons Jack, Jill, John, Jimmy and Joseph. There are three investment schemes in which these five persons can invest their money. The details of these schemes are given below. Note: (i) Amount cannot be withdrawn before maturity period.  (ii) No reinvestment after maturity period is allowed in any scheme. (iii) Total Amount (including interest) is payable at the end of the maturity period.

    The ratio of maximum limit to lower limit is maximum for

    which schemes
    A Mutual funds Correct Answer Incorrect Answer
    B shares Correct Answer Incorrect Answer
    C debentures Correct Answer Incorrect Answer
    D cannot not be determined Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    For mutulal funds the ratio is  = 20 /10 = 2 For shares is  = 10 /4 = 2.5 For debentures  the ratio is  = 6/2 = 3 So it is maximum in debentures.

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