Question
Bank lends ₹50 lakh for 2 years at 10% interest p.a. The borrower prepays ₹20 lakh after 1 year. What is total interest earned?
More Banking System in India Questions
- Cost of capital is lowest in case of debt due to which of the following:
- Which among the following method is also called as Original cost method, Fixed Installment method or Equal Installment method?
- Super Ltd had 500 units of product X at 3 0 January 2026 . The product had been purchased at a cost of Rs.18 per unit and normally sells for Rs.24 pe...
- Which of the following is considered as a Non-Banking Financial Company (NBFC)?
- How much stake did Life Insurance Corporation (LIC) sell in NMDC between December 2022 and March 2023?
- Who is designated as the Chairperson of the Board for Regulation and Supervision of Payment and Settlement Systems according to the IFSCA Regulations 2024?
- Sarfaesi action cannot be imposed if ____________.
- Which of the below mentioned statement is correct?
- ABC Ltd purchased an asset of Rs.70 crore. As on date of purchase, 1 USD was equivalent to Rs.70. the company paid after a year when the exchange rate chan...
- What is the enhanced credit limit for Mudra Loans under the 'Tarun' category as per Union Budget 2024-25?
Relevant for Exams:
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