Question
What is the Present value of a 4-year annuity of Rs. 10000 discounted at 10%? Given: the PV Factor for 4 year annuity at discount rate of 10% is 3.170.
More Banking System in India Questions
- Which kind of Poverty it is when People are stripped out of basic necessities due to earthquake?
- In the banking parlance, CTS stands for –
- The Government Scheme facilitates bank loans between Rs.10 lakh and Rs.1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one W...
- GoDigit Life, the life insurance business of GoDigit Insurance has raised equity funding from two major private sector lenders Axis Bank and HDFC Bank. How...
- Group of employees trained in problem solving methods that meet regularly to resolve work environment, productivity, and quality control concerns to develo...
- What new category of trading participants was introduced by IFSCA in April 2024 to allow foreign entities to trade without a physical presence in the IFSC?
- The objective of Pradhan Mantri Gram Sadak Yojana (PMGSY) is to provide single all-weather road connectivity to all eligible unconnected habitations of the...
- A bank sanctions a cash credit limit of ₹10 lakh. The borrower uses ₹6 lakh on average throughout the year. The interest rate is 9% p.a. What is the intere...
- Which of the following private sector bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its GIFT Ci...
- _________ is a formal communication whereby employees engage in crosswire communication across the boundaries of their reporting relationship irrespective ...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)