What is the full form of "CAGR"?
A. Cost of Asset Growth Rate
B. Capital Asset Gross Ratio
C. Capital Allownce Grand Rate
D. Compound Annual Growth Rate
Answer: Option D
Solution(By Examveda Team)
Compound annual growth rate (CAGR) is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each year of the investment’s life span.Related Questions on Business Abbreviations
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A. Business Consortium
B. Bank to Consumer
C. Banking to Commodity
D. Business to Consumer
What is the full form of "SEBI"?
A. Sales Exchange Board of India
B. Sales Enterprise Business Inflation
C. Security Board of India
D. Securities and Exchange Board of India
What is the full form of "PLR"?
A. Profit Lending Rate
B. Prime Lending Rate
C. Private Lending Ratio
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What is the full form of "OPEC"?
A. Organisation of Petroleum Exporting Countries
B. Average Annual Growth Rate
C. Sensitivity Index
D. Indian Oil Corporation
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