If the allocation of money by the fund managers to different sectors is based on the internal ranking (i.e. Sector with 1st rank gets highest allocation). Sectors with 0 allocation of money should be considered as 14th rank irrespective of the number of sectors in that category. In the light of these examine the following statements:
I. Automobile is ranked by both Alpha and Beta as same II. Financial is most favoured by all three Mutual Funds III. Services is ranked by all three Mutual Funds within top 9 ranks Select the best option:
Explanation:
Preparing a table to show the ranks:
From the table, we can conclude that only statement III is correct.
Hence, option (d).
Help us build a Free and Comprehensive Preparation portal for various competitive exams by providing us your valuable feedback about Apti4All and how it can be improved.