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)
Based on the English alphabetical order, three of the following four letter-clusters are alike in a certain way and thus form a group. Which letter-clus...
Refer to the given number, symbol series and answer the question that follows.
(Left) 7 + * 7 # & 8 6 5 % 4 $ 6 # @ 4 7 ! 2 5 (Right)
How ...
Select the number that can replace the question mark (?) in the following series.
43, 31, 74, 105, 179, ?
A paper is folded and cut as shown below. How will it appear when unfolded?
There are five girls in a group, each having a different height. H is shorter than E only. F is not as tall as P. P is shorter than G. Who is the shorte...
A statement is followed by two conclusions, numbered I and II. Find out which of the following conclusion(s) is/are true based on the given statements.<...
How many triangles are there in the given figure?
The first two words are related in a certain way. Choose the correct option to replace the question mark ‘(?)’ having the same relationship with the...
Which of the four options will replace the question mark (?) in the following series?
XF 11 , YI 15, ZL 19 , AO 23, ?
Select the correct mirror image of the given figure, when the mirror is placed at line MN as shown.
