If the total investment other than by FII and corporate h...
The following pie chart shows the amount of subscriptions generated for India Bonds from different categories of investors.
Subscriptions Generated for India Bonds
If the total investment other than by FII and corporate houses is Rs 335,000 crore, then the investment by NRI's and Offshore funds will be (approximately) ?
A.
274,100
B.
285,600
C.
293,000
D.
Cannot be determined
Correct answer is A
Investment other than NRI and corporate houses is 33% = 335000. Also, investment by offshore funds and NRI's is equal to 27%.
Hence, 27 x 335,000/33 = 274 090.909