Instructions

The Table gives the data for the Currency exchange rates and Stock market Indexes. Anyperson in any country can invest in any market or currency. For investing in a country one has to use homecurrency of that country. One can either invest or withdraw on 1st of each month only.

Note: The closing price of currency and Index of a month is same as opening price of the first day of thenext month

Question 61

If an Indian has invested Rs.93,000 in UK Stock Market in January 2019 then in which month his/her portfolio has declined by maximum percentage in rupee terms?

Solution

From the table, we can see that the % decline in the rupee was maximum in the month of July among the options and also the stock index of UK was lowest in July among the given months so the maximum decline in the portfolio was in July.


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