Question
Once the amount has remained unclaimed for the said
period and becomes eligible to be transferred to the DEAF, within what time period such unclaimed amount must be credited to the DEAF?Solution
Under the provisions of this section the amount to the credit of any account in India with any bank which has not been operated upon for a period of ten years or any deposit or any amount remaining unclaimed for more than ten years shall be credited to the Fund , within a period of three months from the expiry of the said period of ten years.
- Pooja spent 45% of her earnings on shopping, 55% of the remaining on house expenses, and the rest she saved. If her savings are Rs. 990, determine how much...
In 2020, Maran earned Rs. 16,500, spending 40% of it and saving the remainder. The following year, his earnings increased by 20%, and his expenditures a...
Monthly income of A is Rs. 9600 and he saves 38% of his monthly income. If monthly expenditure of A is decreased by 35% while his monthly savings is inc...
The marks scored by a boy in three subjects are in the ratio 3 : 5 : 6. Boy scored an overall aggregate of 70% in the exam. If the maximum marks in each...
Meena scored 45% marks and failed by 75 marks, while Raj scored 75% marks, which was 105 marks more than the passing marks. Find the total marks of the ...
Income of 'A' is Rs. 1,200 more than that of 'B'. Both spend 35% of their respective incomes. If the savings of 'C' is 13% of his income and equals the...
A company has 1200 employees, with 45% working in operations, 35% in sales, and the rest in HR. During an appraisal cycle, 20% of the operations employe...
A shopkeeper sells apples. He sells x% of the stock each day and x/5% of the remaining apples gets spoiled overnight, then he sells the remaining apples...
In a train, 45% of the passengers are females. Out of total number of passengers, 65% have unreserved tickets out of which 36% are females. How much per...
The cost price of juice is 50% more than the cost price of lemon soda. A juice seller mixed 120 ml of juice with 30 ml of lemon soda in a glass. By mist...
