The current PCA Framework was revised in which year?
The existing PCA Framework for SCBs has since been reviewed and revised with a circular dated Nov 02.2021 The provisions of the revised PCA Framework will be effective from January 1, 2022. The PCA framework will be reviewed after 3 years . In India, PCA framework was first introduced in 2002 , during the period ofRBI Governor Bimal Jalan, along the lines of the Federal Deposit Insurance Corp.’s (FDIC) PCA framework.
Rs. 9500 is invested in scheme ‘A’ for 3 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...
Akshay invested Rs. 840 in two schemes P and Q in the respective ratio of 5:2. Scheme P and Q are offering simple interest at the rate of 10% per annum ...
A and B started a business with initial investments of Rs. 25000 and Rs. 30000 respectively. After one year, a profit of Rs. 11000 is earned. A being a ...
Atul has Rs.350 with him. He invested 20% of the amount at 5% p.a. for 8 years and rest at 10% p.a. for 5 years. Find the sum of simple interests receiv...
A took a loan of Rs.5410 at simple interest of 20% p.a. and invested the same money in a scheme at simple interest of 30% p.a. Find the profit earned by...
A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10% simple interest. He received yearly interest of...
John borrowed some money from Alex at 10% simple interest per annum. He lended this money to Shaun at 20% compound interest per annum, and made a profit...
A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total ...
Find the total amount returned by Manish to the bank at the end of three years, when Rs.24000 is borrowed at the rate of (25/2)% compounded annually?(ca...
What is the principal amount?
Statement I: The Simple Interest after 2 years on a certain sum at 10% p.a is Rs. 1200.
Statement II : T...