CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following investor company has committed to invest rs. 15 crore in 12 start up in the current financial year
A
Sequoia Capital India
B
Nexus Venture Partners
C
Fidelity Growth Partners
D
Hyderabad Angels
Explanation: 

Detailed explanation-1: -1 crore in 15 years use the division factor of 2.8. That means, Rs 1 crore today will be worth (1 crore/2.8) approximately Rs. 36 lakhs after 15 years.

Detailed explanation-2: -Reliance Industries The very first company in our list of top 10 stocks in India is none other than Reliance Industries. At present, it is leading the market with a market cap value of Rs. 1, 795, 732.38 crores. It is the highest market capitalization in India.

Detailed explanation-3: -This rule is one of the most basic rules that help an investor become a crorepati. It says that if you invest Rs 15, 000 a month for a period of 15 years in a stock that is capable of offering 15% interest on an annual basis, then you will amass an amount of Rs 1, 00, 27, 601 at the end of 15 years.

There is 1 question to complete.