Question
Which of the following private sector bank has launched
two new products β loan against deposits and dollar bonds β for non-resident Indians at its GIFT City branch in Gujarat?Solution
Private sector lender ICICI Bank has launched two new products β loan against deposits and dollar bonds β 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.
What will be the interest on Rs 4000 at the rate of 30% per annum after 1 year when the interest is compounded every 4 months?
Which among the following is the primary function of a scanner?
Which control does access use to link data access page components to access data?
Statement :
All hotels are rooms.
All rooms are flats.
All flats are buildings.
No building is apartments.
Conclusi...
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