CAT DILR Questions | CAT Data Tabulation questions
Comprehension
Directions for Questions: These questions are based on the table and 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.
A : Competitive bids received always exceed non–competitive bids received.B : The number of competitive bids accepted does not always exceed the number of non-competitive bids acceptedC : The value of competitive bids accepted on any particular date is never higher for higher maturity.D : The value of non-competitive bids accepted in the first round is always greater than that in the second round
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Method of solving this CAT DILR Question from Data Tabulation question
(d) Check the figures for 5 May 03. The value of noncomprehensive bids accepted in the 2 rounds is 0.31 and 0.41. Further 7 Nov. 2002 and 2 July 2003 also show similar figures. Hence statement (d) is not true .