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MCLR: The Reserve Bank of India has brought a new methodology of setting lending rate by commercial banks under the name Marginal Cost of Funds based Lending Rate (MCLR). NPA: A Non-performing asset (NPA) is defined as a credit facility in respect of which the interest and/or installment of Bond finance principle have remained 'past due' for a specified period of time. CD: A certificate of deposit (CD) is a time deposit, a financial product commonly sold in the by banks, thrift institutions, and credit unions. CDs are similar to savings accounts in that they are insured "money in the bank" and thus virtually risk-free REPO: A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities.
A man invested a certain amount in two schemes, A and B, in the ratio 3:2. Scheme A offers 12% annual simple interest, and Scheme B offers 10% annual si...
Seeta, Geeta and Reeta invested Rs. 8000, Rs. 10000 and Rs. 12000 respectively. Partnership condition is that, each will get interest on his capital at ...
A and B started a business by investing sum in the ratio 3:4 respectively for 7 and 9 months respectively. If annual profit earned by B is Rs.2400, then...
A and B invest in a business in the ratio 3:4. After 10 months B leaves the business after withdrawing his investment. In the first year the business ma...
Ashish started a business by investing Rs. 1400. Few months later; Ramesh joined him by investing Rs. 1600 such that at the end of the year, the profit ...
Kisan and Laxman started a business with the investment of Rs. 1600 and Rs. (y+200) respectively. After four months of the start of business, Mayur join...
The contributions made by A and B are in the ratio of 2:3. If 20% of total profit is donated and A gets 5890 as his share of profit, what is the total p...
‘A’ and ‘B’ started a business by investing Rs. 32000 and Rs. 30000, respectively. 12 months later, ‘C’ joined the business by investing Rs....
