CLAT Exam  >  CLAT Questions  >  InstructionsThe Table gives the data for the ... Start Learning for Free
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
If a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?
  • a)
    1st May 2019
  • b)
    1st June 2019
  • c)
    1st October 2019
  • d)
    1st December 2019
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
InstructionsThe Table gives the data for the Currency exchange rates a...
Since on 1st October, the value of the rupee has gotten stronger than its value on 1st February so the investor will be able to draw more dollars for a given amount of rupee and also the Indian stock market has reached the second-highest value among the options given so the value investment is maximum on 1st October in dollars term.
View all questions of this test
Explore Courses for CLAT exam

Top Courses for CLAT

Question Description
InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer? for CLAT 2026 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer?.
Solutions for InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer?, a detailed solution for InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice InstructionsThe 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 monthIf a person from USA Invest $1500 in Indian stock market in 1st February then, on which of thefollowing date investment reaches a maximum value in Dollar terms?a)1st May 2019b)1st June 2019c)1st October 2019d)1st December 2019Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.
Explore Courses for CLAT exam

Top Courses for CLAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev