Question
As per RBI guidelines, for the purpose of calculation of
LTV in case of housing loans, stamp duty, registration and other documentation charges can be added to the cost of the house/dwelling unit if the cost of the house/dwelling units does not exceed _________Solution
In order to have uniformity in the practices adopted for deciding the value of the house property while sanctioning housing loans, banks should not include stamp duty, registration and other documentation charges in the cost of the housing property they finance so that the effectiveness of LTV norms is not diluted. (c) However, in cases where the cost of the house/dwelling units does not exceed Rs.10 lakh, bank may add stamp duty, registration and other documentation charges to the cost of the house/dwelling unit for the purpose of calculating LTV ratio.
In a factory, there are 3 machines. Machine A completes a task in 8 days, Machine B completes it in 12 days, and Machine C completes it in 15 days. If a...
A, B and C alone can complete a work in 30, 60 and 45 days respectively. All of them started working together but after 3 days from start A left the job...
16 men can complete a work in 10 days. 10 men started the same work and left after working for ‘y’ days. The remaining work is completed by 6 men in...
‘A’ alone can complete a work in 40 hours. ‘A’ started the work alone and left after working on it for 20 hours. If ‘B’ completed the rest o...
Working alone, B can complete the work in 30 days. C is twice as efficient as B and A takes 20 days more than it takes C to complete the work. Working t...
P, Q, R and S can do a piece of work in 20 days. If P and Q together can do it in 50 days, and R alone in 60 days, then in how many days can S alone do it?
- Together, Ali and Imran take 40 days to complete a project. After working jointly for 32 days, they left, and Zara completed the remaining work in 4 days. ...
P and Q can separately finish the work in 15 days and 25 days respectively. They worked together and P left the work, so Q complete the remaining work i...
P can do a piece of work in 12 days, Q can complete double the work in 20 days and R can do the work in 15 days. If all of them together earn Rs. 2500, ...
In an office, an employee plans to do a work in 16days with 3 laptops. But after 9 days, he found that only 30% of the work is done with the laptops wor...
Relevant for Exams:
