8. In Rupee Cost Averaging, the concept of - is used.
(a) Harmonic Mean
(b) Arithmetic Mean
(c) Geometric Mean
(d) None of these
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Answer:
none of these
Step-by-step explanation:
the rupee cost averaging approach, you invest a fixed amount of money at regular intervals irrespective of whether the markets are going high or low. This ensures that you buy more units when the markets are low and lesser units when they are high
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