Question
Other things remaining constant, money received tomorrow
is ______ received today.Solution
Money received tomorrow is less valuable than money received today. This concept is based on the principle of time value of money, which states that a sum of money received today is more valuable than the same sum of money received in the future. This is because money has the potential to earn interest or returns when invested, and receiving it earlier allows for more investment opportunities. Due to inflation and the opportunity cost of not having the money available for investment or consumption, money received in the future is worth less than money received today. Therefore, it is generally preferred to receive money sooner rather than later.
_______ state government has launched the lsquo;Mission Bhumiputrarsquo; to provide a digital way to issue digitized caste certificates to students.
On the basin of which river gold is found in Uttar Pradesh?
Who is the author of the book ‘Human Anatomy’ ?
Who has been roped as the brand ambassador for the brand Fire - Boltt?
Who was the first President of India from Uttar Pradesh?
Which article emphasizes the provision of opportunities for education and just and humane conditions of work and maternity relief?
Which Indian company acquired the strategic Israeli port of Haifa?
The One-time password (OTPs) can be obtained by a customer, via which among the following?
What is the name of Google's rebranded chatbot that positions it in direct rivalry with OpenAI?
Which state share the maximum border with Uttar Pradesh?
