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Private sector lender ICICI Bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its GIFT City branch in Gujarat and is the the first to offer these products in GIFT City. The loan against deposits facility is similar to a loan in foreign currency against a deposit in India and includes non-resident external fixed deposits in rupees. Clients may avail of the facility for short-term cash requirements without premature closure of term deposits which entails penalties. Up to 95 per cent of the deposit value can be availed of using this loan and customers can borrow for flexible tenures at fixed or floating interest rates.
A man travelled a distance of 47 km in 6 hours. He travelled panly on foot at a speed of 6(1/2) km/h and the rest on bicycle at a speed of 8(1/2)km/h. T...
Ratio of speeds of ‘A’ and ‘B’ is 2:3, respectively. If they participate in a 450-metre race and ‘B’ gives ‘A’, ahead start of ‘m’ m...
A was travelling from point X to point Y. He increased his speed by 12 km/h after every hour. He reached his destination in 16 hours. If his initial spe...
Ajay and Vishal left the place ‘X’ with different speeds which are in the ratio 7:6 respectively. Ajay left the place 36 seconds after Vishal. If af...
A was travelling from point X to point Y. He increased his speed by 12 km/h after every hour. He reached his destination in 24 hours. If his initial spe...
If a person walks 25% more than of his usual speed, reaches his distance 90 minutes before. If the destination is 420 km away, then the usual speed of a...
A boy goes to school at 4 km/Hr and return at a speed of 3 km/hr. If he takes 7 hrs in all. Find the distance from his village to school?
Speed of a car and a bus is 20 km/h and 12 km/h, respectively. If the time taken by the car to cover a distance of ‘8x’ km is 1 hour less than time ...
A ferry takes 75 minutes to row to place B from another place A along the stream. The distance between place A and place B is 37.5 km. If the speed of t...