Question
The Monetary Policy Committee has maintained status quo
on the policy repo rate keeping it unchanged at _____ in 2021-22?Solution
After several rate cuts in 2019-20 and 2020-21, the repo rate was maintained at 4 % in 2021-22. The liquidity in the system remained in surplus throughout.
A sum of Rs. 4000 amounts to Rs. 5324 at 10% p.a., interest being compounded yearly in a certain time. The simple interest earned (in Rs.) on the same ...
An individual invests ₹1,200 at a simple interest rate of 5% per annum. After 2 years, they add ₹800 to the investment, and the total amount remains...
If the difference in interest between two banks on Rs 500 for 2 years is 12.50 then what will be the difference in their rates?
Ankit invested Rs. 12,000 in a scheme that offers compound interest at an annual rate of x%, compounded once a year. After 2 years, he received an inter...
Compound interest on a certain sum of money for 2 years is Rs.2600 while the simple interest on the same sum for the same time period is Rs.2500. Find t...
In what time will Rs. 9000 amount to Rs. 11979 @ 10% compound interest?
Rs. 9000 is invested in scheme ‘A’ for 2 years and Rs. 7500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 10% ...
A sum when invested at simple interest of 10% p.a. becomes Rs. 2,100 in 4 years.
If the same sum was invested at compound interest of 20% p.a. fo...Aman invested a certain amount of money, splitting it into two equal parts. He placed one part in a simple interest scheme at an annual rate of 10% for ...
An amount of Rs. ‘P’ was invested at an interest rate of ‘R%’ per annum, compounded annually. After 2 years, the compound interest earned was Rs...
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