Question
Which of the following correctly describes Demographic
Dividend? I- The demographic dividend is the economic growth potential that results from a shifting population age structure. II- It is best realised when we have high working age population. III- Working age population refers to 21-59.Solution
Explanation: The demographic dividend is the economic growth potential that results from a shifting population age structure with a substantial portion of the population in the working-age group of 15 to 64 years as opposed to the non-working-age population of 14 to 65 years.
What is the difference between the simple interest earned on an investment of Rs. 16,200 for 5.5 years at an annual interest rate of 8%, and the total a...
A sum of βΉ5,000 is invested at 8% simple interest per annum for 3 years. After 3 years, the interest is reinvested at 6% compound interest for 2 years...
A man invested certain sum at simple interest of r% p.a. such that it amounts to 130% of itself in 3 years. Find the interest earned when Rs. 3000 is in...
- Priya invested Rs. 5,500 in scheme βCβ offering simple interest of 12% p.a. After 5 years, she reinvested the interest earned in scheme βDβ offerin...
- A sum of money placed at simple interest becomes Rs. 14,400 in 4 years and Rs. 18,000 in 7 years. What is the initial amount invested?
The difference between the interests received when Rs. x is invested in scheme βAβ at simple interest for 3 years and at compound interest, compound...
Mr. X invested Rs. 900 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 14% per annum a...
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?
If the ratio of the sum invested and simple interest received after 1 year is 20:9 respectively, then find the rate of interest.