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Defence Ministry introduced a portal, System for Pension Administration (Raksha) (SPARSH), to directly transfer pensions to pensioners. It is an initiative of the Ministry of Defence which aims at providing a comprehensive solution to the administration of pension to the defence pensioners in line with the vision of the government of India of Digital India, Direct Benefit Transfer (DBT) and “Minimal Government, Maximum Governance”.
A invested Rs. ‘x’ in a scheme offering compound interest of 30% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. ...
Mitch placed Rs. 32,000 in a compound interest account with an annual rate of 30%, compounded semi-annually. After investing for a period of 15 months, ...
A farmer borrows ₹50,000 at a simple interest rate of 12% per annum. After how many years will the total interest amount to ₹30,000?
The ratio of the compound interest earned on an amount of Rs. 'p' at an interest rate of 15% per annum for 2 years to the simple ...
'V' invested Rs. 15,000 in Provident Fund 'P,' which provides 20% compound interest for two years, compounded annually. He subsequently invested the amo...
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1300 and Rs...
The difference between the interest received on a certain sum at the rate of 32% p.a. and 28% p.a. respectively at simple interest for two years is Rs. ...
Ashish invests an amount of Rs. 'A' into two different SIPs, named 'P' and 'Q', for durations of 3 years and 2 years respectively. The first SIP 'P' yie...
A person borrowed Rs. 9,300 at 11% p.a. and Rs. 6,700 at 13% p.a. simple interest. If the total interest paid after ‘n’ years is Rs. 5,486, find the...
Simple interest on a sum of money for 2 years is 1/5th of the sum, then the interest received in 5 years on same principal will be what time of the prin...
