Question
Find out the error according to the grammar and context
of the given sentences. If there is no error, mark option 5 as the answer, i.e. No error. (Ignore the punctuation errors, if any.) Despite several initiatives designed to promote financial inclusion, there remain significant challenges for small enterprises in securing access to formal lending channels, due to the persistent complexity of regulatory requirements.Solution
The sentence is grammatically correct and conveys its meaning clearly. "There remain" is appropriate because the subject "challenges" is plural.
Rs. 5000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the in...
The ratio of the sums invested by ‘X’ and ‘Y’ in SIP ‘M’ and ‘N’ is 7:4, respectively. If ‘X’ invested Rs. 6300 more than ‘Y’, t...
Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 7200 in 24 months. If the same sum had been invested for 1 year at compound interest...
A sum of money triples itself in 12 years. Find the rate percent per annum.
Rs. 6,500 is invested in scheme ‘A’ offering simple interest of 14% p.a. and Rs. 9220 in scheme ‘B’ offering simple interest of 5% p.a. What is ...
At what % of simple interest per annum will Rs. 400 amount to Rs. 520 in five years?
A sum is lent on compound interest for 2 years at 12% p.a. If the compound interest on the sum is Rs.4579.2, find the sum.
- Simple interest on a sum for 2 years is Rs. 300 and compound interest for same period is Rs. 315. Find the principal. (Rate of interest is same for both.)
A certain sum is invested for three years at rate of interest being 25% and it is invested in both simple interest and compound interest (compounded ann...
- A sum of money grows to Rs. 7,500 in 5 years and Rs. 8,250 in 7 years under simple interest. What is the original principal amount?