Question
According to Union Budget 2023-24, consider
the following statements regarding Electronics sectors: 1. Mobile phone production in India has increased from 5.8 crore units valued at about in 2014-15 to 31 crore units. 2. There is an increase in customs duty on import of certain parts and inputs like camera lens. 3. There is continuation of the concessional duty on lithium-ion cells for batteries. Which of the above statements is/are correct?Solution
As a result of various initiatives of the Government, including the Phased Manufacturing programme, mobile phone production in India has increased from 5.8 crore units valued at about 18,900 crore in 2014-15 to 31 crore units valued at over 2,75,000 crore in the last financial year. To further deepen domestic value addition in manufacture of mobile phones, I propose to provide relief in customs duty on import of certain parts and inputs like camera lens and continue the concessional duty on lithium-ion cells for batteries for another year.
Find the simple interest and total amount on ₹6500 at 6% per annum for 4 years.
A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.4153.5, find the sum.
The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 1500. What will be the total amount received after 2 year...
If the difference between compound interest (compounded annually) and simple interest earned in two years at 15% p.a., is Rs. 450, then find the sum in...
Anoop invested a sum at a simple interest rate of 8% per annum, and it grew to Rs.1,850 in 6 years. If the same sum is invested at a compound interest r...
- Calculate the simple interest on Rs. 7,500 at the rate of 12% per annum for 18 months.
A certain sum is invested at a compound interest rate, compounded annually, which grows to Rs. 12,240 after 2 years and to Rs. 17,625.6 after 4 years. I...
Anita and Rohan each invested a sum of ₹12,000 for 2.5 years at 20% compound interest per annum. However, while for Anita the interest was compounded ...
- A certain sum was invested at simple interest. After 5 years, it became (117/ ninety) times the amount it had reached in 3 years. Find the annual rate of i...
- What will be the total amount earned after 3 years on an investment of Rs. 45,000 at 10% per annum simple interest?
