We know that, radius of ring,
$R=\frac{L}{2 \pi}\,\,\,\,\,\dots(i)$
Moment of inertia of thin uniform rod,
$I=\frac{M L^{2}}{12}\,\,\,\,\,\dots(ii)$
and same rod is bent into a ring, then its moment of inertia,
$I'=\frac{1}{2} \,M R^{2}$
From E (i).
$I'=\frac{1}{2} \frac{M L^{2}}{4 \pi^{2}} $
$I'=\frac{M L^{2}}{8 \pi^{2}}$
On dividing E (ii) by E (iii), we get
$\frac{I}{I'}=\frac{M L^{2}}{12} \times \frac{8 \pi^{2}}{M L^{2}}$
$\frac{I}{I'}=\frac{8 \pi^{2}}{12} $
$\frac{I}{I'}=\frac{2 \pi^{2}}{3}$