Question
Which of the following is a result of a
well-functioning financial market?Solution
A well-functioning financial market leads to better and efficient allocation of capital resources that leads to economic growth, effective pricing mechanism in the economy and mitigation of risks. Financial markets that have depth and breadth can bring consumers and savers of capital together at lower costs. It is therefore imperative for the smooth functioning of an economy and has positive effects on the economy.
A man invested a certain amount of sum at 15% per annum simple interest and earned an interest of Rs.2100 after 2 years. If the same amount is invested ...
A sum of money grows to Rs. 3,640 in 6 years and Rs. 4,120 in 8 years under simple interest. What is the original principal amount?
What sum of money must be given at simple interest for 8 months at 4% per annum in order to earn Rs. 320 interest?
Compound interest on a certain sum of money for 2 years is Rs.6800 while the simple interest on the same sum for the same time period is Rs.6400. Find t...
A sum of Rs.6,000 is to be paid back in two equal annual instalments; each instalment is to be paid at the end of every year. How much is each instalme...
Calculate the final amount Poonam will receive if she invests Rs. 2,500 at a compound interest rate of 80% per annum, compounded quarterly, over a perio...
An amount becomes five times of itself in 40 years at simple interest. Find the value of (3R + 10), where R is the rate of interest per annum.
The simple interest on Rs. ‘p’ at 15% p.a. for 2 years is 450 more than the simple interest on Rs. (p + 1000) at 10% p.a. for 2.5 years. Find the co...
Find the rate of simple interest at which Rs. 6000 should be invested for 2 years so that the interest earned will be same as the interest received when...
- Sanjay invested Rs. ‘x’ at the rate of 14% simple interest for 2 years, while Manish invested 50% of x at 12% compound interest per annum for 2 years. ...
Relevant for Exams:
