Start learning 50% faster. Sign in now
PMAY-G aims to provide “Housing for All” in rural areas of India. The government plans to construct 4.95 crore houses by March 2029 to ensure every rural family has a pucca house with basic amenities. Important Points: • Scheme Name:PradhanMantriAwaasYojana - Gramin (PMAY-G) • Start Date: April 1, 2016. • Ministry: The Ministry of Rural Development (MoRD) • Objective:PMAY-G focuses on providing pucca houses with basic amenities such as water and sanitation to rural poor families. • Target: 4.95 crore houses by 2029 that is 2.95 crore in phase 1(2016-2024) and additional 2 crore houses in phase2(2024-2029) • The Union Cabinet has approved the allocation of ₹3,06,137crore for constructing an additional 2 crore houses under PMAY-G, to be implemented from FY 2024-25 to 2028-29. • Under PMAY-G, a total of 3.23 crore houses have been sanctioned for construction.
A borrows Rs 7000 from B at 10% p.a compound interest compounded annually. At the end of every year he pays Rs 2200 and at the end of 3rd years he pays ...
Rahul secures a loan amounting to Rs. 8,800 from a bank, which charges an annual simple interest rate of 20%. He then allocates this sum into an investm...
At the rate of any compound interest rate, it gets tripled in 4 years, in how many years it will become 729 times its own?
The simple interest on a sum of Rs X in 5 years is (2/5)of the principal. What is the annual rate of interest?
A certain sum of money becomes 7000 in 6 years and Rs. 8240 in 10 years at any certain rate of simple interest. Find the principal amount.
Rs. 5500 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...
The difference between compound interest and simple interest at the same rate for Rs. 3600 for 2 years is Rs. 36. The rate of interest per annum is:
Pawan distributed his investment as follows: 25% of the total at an annual interest rate of 6%, 1/15th of the total at 8% per yea...
The simple interest on a sum of Rs X in 5 years is 2/5 of the principal. What is the annual rate of interest?