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 : The second round issues have a higher maturity than the first round for all datesB : The second round issue of any date has a lower maturity only when the first round notified amount exceeds that of the second round.C : On at least one occasion, the second round issue having lower maturity received a higher number of competitive bids.D : None of the above three statements is true.
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Method of solving this CAT DILR Question from Data Tabulation question
(c) Check the figures for 4 June 03. We find maturity in second round is 9 while the bids are more = 378.