Question 49
MediumOriginal questionThe margin requirement on loans against shares is raised from 25% to 50%. For shares worth ₹8 lakh, the largest loan falls from
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
At 25%: 8 × 0.75 = 6. At 50%: 8 × 0.5 = 4.
- Concept
- Raising the margin
- Typical timeTypical
- 70 s
- Your timeYours
- —
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