Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Instructions
DIRECTIONS for the following three questions: Answer the questions on the basis of the information given below.
One of the functions of the Reserve Bank of India is to mobilize funds for the Government of India by issuing securities. The following table shows details of funds mobilized during the period July 2002 - July 2003. Notice that on each date there were two rounds of issues, each with a different maturity.
Solution
The security issued in June 2003 had lower maturity in 2nd round but no. of bids were more . Hence option C.
Create a FREE account and get:
- All Quant CAT complete Formulas and shortcuts PDF
- 35+ CAT previous year papers with video solutions PDF
- 5000+ Topic-wise Previous year CAT Solved Questions for Free
CAT Quant Questions | CAT Quantitative Ability
CAT Linear Equations QuestionsCAT Percentages QuestionsCAT Profit And Loss QuestionsCAT Probability, Combinatorics QuestionsCAT Time Speed Distance Questions
CAT DILR Questions | LRDI Questions For CAT
CAT DI with connected data sets QuestionsCAT Venn Diagrams QuestionsCAT Table with Missing values QuestionsCAT Puzzles QuestionsCAT Routes And Networks Questions
