Question
What is the maximum loan-to-value (LTV) ratio allowed
for loans sanctioned by banks against the pledge of gold ornaments and jewellery for non-agricultural purposes?Solution
Loans sanctioned by banks against the pledge of gold ornaments and jewellery for non-agricultural purposes should not exceed 75% of the value of the gold ornaments and jewellery. Furthermore, the LTV ratio of 75% should be maintained throughout the tenure of the loan. The LTV ratio is calculated against the total outstanding amount, including accrued interest, and the current value of the gold jewellery accepted as security or collateral.
- What is the smallest number that must be added to 1500 so that it becomes exactly divisible by 47?
A positive number becomes 9 times its reciprocal when 3 is added to it. Find this number.
The square of 12 is subtracted from 25 times a whole number, and the result is equal to the square of that number. Find the square of the difference bet...
3 chairs and 2 tables cost Rs. 700 and 5 chairs and 3 tables cost Rs. 1100. What is the cost of 1 chair and 2 tables?
The arithmetic mean of two values ‘a’ and ‘b’ is 16, and their geometric mean is 10√2. Find the positive difference between the numbers, given...
When a number is increased by 30% then the number obtained is 34 less than thrice the original number. Find the original number.
When a number is increased by 8, it becomes 120% of itself. The number is:
4 14 44 124 404
...If '176x95' is a six-digit number that is divisible by 3, then find the maximum value of '5x'.
A number leaves a remainder of 12 when divided by 19. What will be the remainder when three times that number is divided by 19?