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Railways PYQCBT 1 2016

RRB NTPC · Question 41

Answer the questions based on the following bar chart: The following bar chart shows the trends of mutual funds investments into India from all over the world.

Figure

If India mutual fund investments from countries was proportionately the same in 1992 and 1997 as the total mutual funds investments from all over the world and if the mutual funds investments in 1992 from the countries were Euro 2 million. What was the amount of mutual funds investments from the countries in 1997? A. 11 B. 10.72 C. 11.28 D. 11.45

  1. A

  2. B

  3. C

  4. D

Show answer & explanation

Answer: (A) A

Explanation

If the countries' share stays proportional to the total, it grows by the same factor as the total: 31.36/5.7 ≈ 5.50. So 1997 investment from the countries = 2 × 31.36/5.7 ≈ 11.0 million euro.