Question
What facility allows for the daily infusion and
absorption of liquidity by utilizing government securities as collateral?Solution
LAF consists of daily infusion or absorption of liquidity on a purchase basis, through Repo and Reverse Repo rates basis respectively.
A grocer sells rice at a profit of 12% and uses a weight which is 20% less. Find his total percentage gain.
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Ankush sold shoes 'P' and 'Q' with a 40% profit on 'P' and a 20% loss on 'Q'. Given that the selling prices of both shoes are equal, determine the ratio...
