Start learning 50% faster. Sign in now
The word ‘adverse’ means ‘having a negative or harmful effect on something’. It is inappropriate here. The correct word is ‘averse’, which means ‘strongly disliking or opposed to’. But as investors in such firms have learnt this year, the sector is not as risk averse as had been widely perceived.
The simple interest on ₹1,280 at 5% p.a. for 3 years is:
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?