railway RRB JE (CBT I + CBT II) Mock Test 2024 Construction Materials and Management Engineering Economy and Equipments
A project has a Profitability Index of 1.30. What does it mean?
1
The NPV is less than zero
2
The payback period is more than one year
3
That the project returns Rs. 1.30 for every Re 1 invested in the project
4
That IRR. is 1.30 times that of the Hurdle Rate