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.

Question 16

Which of the following statements is NOT true?


For the security issued in 4th June 2003 , the value of non-competitive bids accepted in the first round islesas than that in the second round Hence option D is not true. 

Create a FREE account and get:

  • All Quant CAT Formulas and shortcuts PDF
  • 33+ CAT previous papers with video solutions PDF
  • Topic-wise Previous year CAT Solved Questions for Free

CAT DILR Questions | LRDI Questions For CAT

CAT Quant Questions | CAT Quantitative Ability

CAT Verbal Ability Questions | VARC Questions For CAT


Boost your Prep!

Download App