How to solve Iift 2009 Question 8?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2009 Question 8

This is a detailed step-by-step solution for Iift 2009 Question 8. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2009

Let us tabulate the ranks of various sectors according to fund allocation.

Statement I : Automobile is ranked by both Alpha and Beta as same. This statement is incorrect.
Statement II : Financial is most favoured by all three Mutual Funds. This statement is incorrect as Energy sector is most favored by fund Gama.
Statement III : Services is ranked by all three Mutual Funds within top 9 ranks. We can see that this statement is correct. Hence, option D is the correct answer.

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