Time Left - 15:00 mins

Weekly DILR Quiz || 23rd September 2022

Attempt now to get your rank among 17 students!

Question 1

The following paragraph gives a premise for the following questions. Use the line-graph to find data pertaining to the questions. Read the questions carefully as they may borrow data from other questions or their answers.
MAD Bank calculates its rates of interest (lending and borrowing) in a peculiar way – it takes weighted average of CPI, IIP, WPI and Global Economic Growth rate (GEG) in the proportion 7:6:4:3. Rates of CPI, IIP, WPI and GEG are given in the graph below. Use the information carefully and answer the questions that follow.
After seeing the low interest rates prevailing, MAD decided to give bonuses at year end to increase customers. Bonus value would equal to the difference of current year’s WPI and current year’s calculated rate, and would be applicable on the amount accumulated at the year end. What is the total bonus received by Bhaskor till year end 2012, if the investment amount is compounded annually using calculated rates?

Question 2

The following paragraph gives a premise for the following questions. Use the line-graph to find data pertaining to the questions. Read the questions carefully as they may borrow data from other questions or their answers.
MAD Bank calculates its rates of interest (lending and borrowing) in a peculiar way – it takes weighted average of CPI, IIP, WPI and Global Economic Growth rate (GEG) in the proportion 7:6:4:3. Rates of CPI, IIP, WPI and GEG are given in the graph below. Use the information carefully and answer the questions that follow.
After failure of attracting customers through bonus distribution scheme, MAD bank started compounding deposits quarterly starting 2014 beginning. What is the difference between the value of investment of Bhaskor (made in 2011) on 1st July, 2014 and value on 1sy July, 2015?

Question 3

The following paragraph gives a premise for the following questions. Use the line-graph to find data pertaining to the questions. Read the questions carefully as they may borrow data from other questions or their answers.
MAD Bank calculates its rates of interest (lending and borrowing) in a peculiar way – it takes weighted average of CPI, IIP, WPI and Global Economic Growth rate (GEG) in the proportion 7:6:4:3. Rates of CPI, IIP, WPI and GEG are given in the graph below. Use the information carefully and answer the questions that follow.
Alongside the operations in India, MAD bank started operations in MAD-land in the beginning of 2014. There they calculated interest rates with a little different formula – [4A + 6B2 – 5C + D + (modulus 4 of current year)/100] – where A in CPI rate of India, B in IIP rate of India, C is WPI rate of India, and D is GEG rate. If Bhaskor invested Rs. 10,000 in MAD-land operations in 2014, what will be his investment’s worth at the year end of 2015? [Note: Modulus function calculates the remainder]

Question 4

The following paragraph gives a premise for the following questions. Use the line-graph to find data pertaining to the questions. Read the questions carefully as they may borrow data from other questions or their answers.
MAD Bank calculates its rates of interest (lending and borrowing) in a peculiar way – it takes weighted average of CPI, IIP, WPI and Global Economic Growth rate (GEG) in the proportion 7:6:4:3. Rates of CPI, IIP, WPI and GEG are given in the graph below. Use the information carefully and answer the questions that follow.
What is the difference between Bhaskor’s value of initial investment (of Rs. 10,000 in 2011) and that of the new investment (Rs. 10,000 made in 2014 in MAD-land) at the end of year 2015?
  • 17 attempts
  • 0 upvotes
  • 1 comment

Tags :

CAT & MBA
Sep 23CAT & MBA