Question
If some individual gets Rs. 3000 as her wage on the
first day of every month and if she spends exactly Rs. 100 every day and exhausts all her money by the end of the month, then what would be her approximate average money holding throughout the year?Solution
Her average money holding per month will be computed by the formula given below: Â Average money holding = (balance in the beginning of the month + balance at the end og the month) / 2 = (3000 + 0)/2 = Rs. 1500
Before SEBI came into existence, which of the following was the regulatory authority for capital markets?
Tsinghua University secured first place in THE Asia University Rankings 2026 for which consecutive year?
Kotak School of Sustainability has been launched by Kotak Mahindra Bank in order to address the challenges of global warming, and promote pedigree educa...
What is the anticipated annual growth of India's sugar exports in 2024-25?
The projected economic growth rate of Himachal Pradesh for FY 2026–27 is:
Who will chair the Indian Ocean Rim Association (IORA) Council of Ministers meeting in Colombo on October 11, 2023?
In which Indian state is the proposed Tower Semiconductor and Adani Group fab plant located?
Consider the following statements about Logistics Ease Across Different State (LEADS) 2023:Â
1.     Recently “Logistics Ease Across Diff...
Recently President Joe Biden announced that the US is nominating whom to lead the World Bank?
- Which state received ₹237.13 crore in the second installment of the 15th Finance Commission Grants for Rural Local Bodies?
