Question
Two people enter a bus. Two adjacent cramped seats are
free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sitting next to the other person, which is more comfortable than standing. Suppose that each person cares only about her own comfort. Model the situation as a strategic game. Find its Nash equilibrium (equilibria?).Solution
There exist only one pure strategy Nash equilibrium (sit, sit) and the argument is same as that of Prisoner’s Dilemma discussed in theory.
Full payment of debt in instalment of principal & earned interest over a definite time is called
Which govt. body has authority to inspect state cooperative banks, central co-operative banks under B & A 1949 ?
In SFMS, M denotesÂ
Call money is valid forÂ
What does an 'Overdraft' facility in banking imply?
Which committee is formed for the Banking Supervision?
Which one of the following pillars addresses risk as per Basel Il norms.
Expand the term ALM as used in Banking/Finance sector.
Last six characters in IFSC code denotesÂ
____________ is the distribution of payment into multiple cash flow instalments.
