Question
The Reserve Bank of India (RBI) has devised a National
Strategy for Financial Inclusion (NSFI) for the period of 2019 to _________.Solution
The Reserve Bank of India (RBI) has devised a National Strategy for Financial Inclusion (NSFI) for the period2019-2024. It is an ambitious strategy that aims to strengthen the ecosystem for various modes of digital financial services in all Tier II to Tier VI centres in order to build the infrastructure needed to transition to a cashless society.
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The price of an item is first raised by 50% and then reduced by 40%. Find the overall percentage change in the price.
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8.5 can be expressed in terms of percentage as: