Question
The ratio of maximum limit to lower limit is maximum for
which schemes 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 Note: (i) Amount cannot be withdrawn before maturity period.Ā (ii) No reinvestment after maturity period is allowed in any scheme.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.Solution
For mutulal funds the ratio isĀ = 20 /10 = 2 For shares isĀ = 10 /4 = 2.5 For debenturesĀ the ratio isĀ = 6/2 = 3 So it is maximum in debentures.
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