CAT 1997 — DILR Question 40

Total value of loans = Rural bank loans + Agricultural loans.
Rural bank loan in 1980 = (605 × 288 × 567) = Rs. 98.79 million.
Total value of agricultural loan in 1980 = Rs.498.4 million.
Hence, total loans in 1980 = (98.79 + 498.4) = 597.19.
But this is at a CPI = 131
If it is to be calculated at 1983 CPI, viz. 149, then its value will be 597.19 × $\left(\frac{149}{131}\right)$ = Rs. 679.24 million = Rs. 680 million (Approximately).