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)
In a certain code language, SAFETY is written as 21 – 3 – 8 – 7 – 22 – 27. How will FRIEND be written in that code language?
...In a certain code language, if the word 'HOLMES' is coded as 'PINMTF', then how will 'CREATE' be coded?
If in a certain language KINDLE is coded as ELDNIK, how is FASHION coded in that code?
What will be the angle formed between the hour hand and minute hand of a clock at 9:23 pm, when take in clockwise direction from the minute hand?
Seven persons are sitting around a circular dining table facing the towards the centre. S is sitting to the immediate left of Y and third to the right o...
Select the correct option that indicates the arrangement of the given words in the order in which they appear in an English dictionary.
1. Grasp<...
Arrange the following in the English alphabetical order:
(i) Exploration
(ii) Exploitative
(iii) Exploratory
(iv) Exploitation
Which two numbers should be interchanged to make the following equation correct?
108 ÷ 5 − 2 × 9 + 25 = 27
If the first letter from the left side of the word is removed, then how many words contain at least two consonants?
Who are the immediate neighbours of Rahul?
