Direction: Read the following table and answer the questions below it:
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In which year the disbursement of loans by all the banks combined together was nearest to the average disbursement of loans over the years?
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- 1995
- 1996
- 1997
- 1998
Correct Option: B
According to given table, we have
Total disbursement of loans by all the banks = 87 + 104 + 113 + 120 = ₹ 424 crore
Number of given years = 4
Average loan = | Number of given years |
Average loan = | = ₹ 106 crore | 4 |
Required year = 1996