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Each bank should constitute a high level Credit Policy Committee, also called Credit Risk Management Committee or Credit Control Committee etc. to deal with issues relating to credit policy and procedures and to analyse, manage and control credit risk on a bank wide basis. The Committee should be headed by the Chairman/CEO/ED , and should comprise heads of Credit Department, Treasury, Credit Risk Management Department (CRMD) and the Chief Economist.
When the income of the man is increase by Rs. 9000 then tax rate reduces from 18% to 15%. While in both the situation 25% income is tax free. Find his i...
In a test, P got 25% of total marks and failed by 60 marks while Q got 45% of total marks which is 23 more than passing marks. Find the total marks of t...
A retailer buys three types of Rice bags at ₹60, ₹40 and ₹20 per kg respectively. He mixes them in the ratio of 1:2:3 by weight and sold them at a...
Initially, a person spends 70% of his salary and saves the remaining 30%. If his salary increases by 20% and his savings remain unchanged, he finds hims...
The value of A’s car is depreciating by 35% every year whereas the value of his house is appreciating by 12% each year as compared to the previous yea...
A sum of money invested at simple interest amounts to Rs. 16800 in 2 years and to Rs. 23100 in 9 years. What is the rate of simple interest per annum?
Income of A is 60% of the Income of B and A together. The saving of B is 45% of his Income and equals to Rs. 8100. Find the difference between the incom...
Monthly income of P is Rs.15000 and his monthly savings is Rs.9600. If his monthly income is decreased by 35% and monthly expenditure is decreased by 25...
The salary of an employee is increased by 6% every year. If the present salary is ₹60,000 per month, what will be the salary after 2 years?