How to solve Iift 2021 - 23rd Dec Question 63?

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 2021 - 23rd Dec Question 63

This is a detailed step-by-step solution for Iift 2021 - 23rd Dec Question 63. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2021 (23rd Dec)

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.

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