· Mean is regarded as the best of all the averages; it is obtained by adding all the observations and dividing by a total number of observations. It is affected very much by extreme values. · Mode is a value in a distribution that occurs most frequently. Mode is not at all affected by extreme values. · Median is the middlemost item that divides the group into two equal sides, one side comprising all the greater values and the other is with lesser values. A minute change in the series may bring a drastic change in median value. · A geometric mean is an average that shows the central tendency of a set of numbers by using the product of their values. It is based upon all the observations obtained from the population. · The harmonic mean is the reciprocal of the arithmetic mean of the reciprocals of the observations. The most important criteria for it are that none of the observations should be zero.
According to Union Budget 2023-24, consider the following statements regarding the Personal Indirect Tax:
1. It is proposed to increase the rebat...
Consider the following statements about Credit Rating Agencies (CRAs) in India:
1. CRISIL Ltd. is primarily promoted by Standard & Poor's...
Which of the following Liabilities are not shown in the Balance Sheet?
In which of the following LOCs, the beneficiary is liable on a bill drawn by him under an LC?
1. Which of the following is correct regarding Supervisory review Process (SRP)?
1. Supervisors should review and evaluate banks ICAA...
What is the Cash reserve ratio (CRR) as of May 2022?
How would you define the process of allocating a limited capital budget between different projects in a way that maximizes shareholder wealth?
Which of the following Schemes allows the retail investors to Open & maintain retail Gilt account with RBI?
The premium of ________ per annum is to be deducted from the account holder’s bank account through ‘auto-debit’ facility in one installment in Pr...
The balances with bank will be categorized in which time bucket in the ALM statement?