Question
Which of the following is not a correct feature of a
microfinance loan as per RBI’s directions?Solution
• As per the RBI’s Master Directions on Microfinance Loans (2022): o A microfinance loan must be collateral free. o Eligible borrowers are low-income households with annual household income of up to ₹3,00,000 (not ₹2,00,000). o The loan must not be lien-marked against the borrower’s deposit account. o Borrowers must be allowed flexibility in repayment periodicity (weekly, fortnightly, or monthly). o There is no prepayment penalty. Any penalty for delay applies only on the overdue amount.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
Select the number from among the given options that can replace the question mark (?) in the following series.
24, 35, 51, 73, 102, ?
...- If '@' denotes 'addition', '#' denotes 'subtraction', '$' denotes 'multiplication' and '%' denotes 'division', then what will be the value of the following...
If A # B means A - B, A @ B means A ÷ B, A * B means A + B and A % B means A X B, then what is the value of ‘140 @ 28 * 22 % 4 # 30?
If ‘%’ means (÷), ‘#’ means (-), ‘@’ means (×), and ‘&’ means (+), then what is the value of the expression:
42 & 12 # 25 % 5 @...
If ‘-‘ stands for division ‘+’ stands for subtraction ‘÷’ stands for multiplication ‘×’ stands for addition, then which one of the fol...
After interchanging the given two signs, what will be the value of the given equation?
- and X
144 + 216 ÷ 8 - 12 X 175 + 34
If “+” means “minus”, “×” means “divided by”, “÷” means “plus”, and “-“ means then “multiplied by”
220 × 11 �...
If ‘÷’ means ‘-’, ‘-’ mean ‘+’, ‘+’ means ‘×’ and ‘×’ means ‘÷’, compute the value of the expression:
130 × ...
A toy is sold for Rs. 800 at 60% profit when profit is calculated on selling price. Find the profit% on cost price?
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