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The Reserve Bank of India (RBI) has granted an ‘Infrastructure Finance Company (IFC)’ status to Indian Renewable Energy Development Agency (IREDA) today. It was earlier classified as ‘Investment and Credit Company (ICC)’. With the IFC status, IREDA will be able to take higher exposure in RE financing. The IFC status will also help the company to access wider investor base for fund mobilisation, resulting in competitive rates for fund raising.
A, B and C invest in a partnership in the ratio 6:5:8 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
'A' initially invested 75% of the total capital in a business. After 4 months, 'C' joined, and at that point, 'A's investment became 50% of the total ca...
If the ratio of time periods of investment of A and B is 4:5, profit at the end of the year is Rs.150000 and A’s share in it is Rs.30000, then what is...
'A' and 'B' started a business with an investment of Rs. 5,600 and Rs. 7,000, respectively. After 6 months, 'C' joined them with an investment of Rs. 8,...
A and B started a retail store with initial investments in the ratio 5:6 and their annual profits were in the ratio 3:4. If A invested the money for 9 m...
Three friends, 'X', 'Y', and 'Z', invest money in the ratio 3:2:5 for 4 months, 6 months, and 8 months respectively. If they earn a total profit of Rs. ...
A, B and C enter into a partnership, A invest 6X + 15000, B invest 3X + 1000 and C invest X + 8000 for one year if B share is 4000 from total profit of ...
Paras and Punit started a business by investing Rs. 18,000 and Rs. 24,000 respectively. Paras also worked as the active manager and for that he is enti...
‘A’ and ‘B’ started a business by investing Rs. 32000 and Rs. 30000, respectively. 12 months later, ‘C’ joined the business by investing Rs....
A and B started a retail store with initial investments in the ratio 6:7 and their annual profits were in the ratio 4:5. If A invested the money for 7 m...