Question
Which of the following is the most liquid measure of
money supply?Solution
Narrow money or M1 is the most liquid form of money supply. It indicates the Currency with the public + Demand deposits with the banking system + ‘Other’ deposits with the RBI.
A sum of money doubles itself in 5 years at simple interest. What is the rate of interest per annum?
A sum of ₹12,000 is invested for 3 years at a certain rate of simple interest. If the same sum was invested at the same rate for 2 years under compoun...
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A man deposited Rs. 16000 at 10% compound interest, compounded annually while Rs. 14000 at 13% simple interest per annum. What will be the difference be...
- Ravi invested Rs. 10,200 at 20% p.a. for 2 years and Rs. 11,500 at 28% p.a. for 2 years on simple interest. What is the total interest he earned?
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A and B started a business with initial investments of Rs. 30000 and Rs. 40000 respectively. After one year, a profit of Rs. 8000 is earned. A being a w...
A man deposited Rs. 12000 at 10% compound interest, compounded annually while Rs. 10500 at 13% simple interest per annum. What will be the difference be...
A sum of ₹15,625 is invested for 2 years at an annual interest rate of 8%. For the first 1.5 years, the interest is compounded semi-annually, and for ...
The difference between compound interest and simple interest at the same rate for Rs. 3600 for 2 years is Rs. 36. The rate of interest per annum is: