Question
If a government defaults on the value of its debt by
3/4, this is the same as imposing a ____ tax on interest and repayment of the principal.Solution
I borrow 100 euros from you and promise to pay you back next year the principal and 10%. That means I owe you 110 euros next year. I now unilaterally declare that I will only honour 25 euros of debt to you. Next period I pay you 27.5 euros [25 + 1/4(10)]. That is the same amount as though announcing to you next period that I would tax your 110 euros 75% (i.e., you keep only .25*110=27.5)
Find which one of the given words can be made from the letters of the given word.
‘ REPLENISHMENT ’
...In the following question, select the word which can be formed using the letters of the given word.
FRAGRANCE
Statements: U > H < Y > S = B ≥ Z > F ≥ Q
Conclusion
I: Z < Y
II: B > Q
Find which one of the given words cannot be made from the letters of the given word ‘ MATHEMATICS ’.
Read the directions carefully and answer the following question.
How many such pairs of digits are there in the number ' 5937241 ', each of which ...If it is possible to make a four letter meaningful word from 4th, 5th, 7th and 8th letters of the word ‘ R...
Select the word which cannot be formed using the letters of the given word, using the letters of the given word only once.
RECONSTITUTION
Which of the following combination of number has the maximum digits remaining in the same position when the digits in each number are arranged in ascend...
Find which one of the given words cannot be made from the letters of the given word.
‘ PUNISHMENT’
...Which among the following words cannot be formed using the letters of the given word only once?
CONFIRMATION
