Question
Under the RBI circular titled “Participation of
Standalone Primary Dealers in Non-deliverable Rupee Derivative Markets”, Standalone Primary Dealers are permitted to transact in NDDCs only when they are authorised as:Solution
According to the circular, expands eligibility to Standalone Primary Dealers (SPDs) authorised as AD Category–III. Earlier, only AD Cat-I banks with IFSC Banking Units could transact in NDDCs. The amendment inserts references to AD Cat-III SPDs across multiple paragraphs of the Master Direction, formally adding them as eligible participants.
The respective ratio of monthly income of A to monthly income of B is 8:9, and A’s saving is (100/9) % more than B’s saving. Find the expend...
Monthly incomes of Rohan and Mohan are Rs. 28,000 and Rs. _______, respectively. Rohan and Mohan save 20% and 35% of their respective incomes. The diffe...
Out of her monthly income of Rs. 25,000, Priya spent (Q - 10)% on rent, (Q + 15)% on others and saved Rs. 4,500. Find Q% of her monthly income.
The respective ratio of monthly income of A to monthly income of B is 12:13, and A’s saving is (100/19)% more than B’s saving. Find the expenditure ...
The combined income of 'Sam' and 'Neil' is Rs. 120,000. If Sam's income were Rs. 35,000 more, it would be 50% more than Neil's original income. Both Sam...
An employee earns a fixed salary and an additional commission of 10% of his fixed salary. The commission received by the employee is Rs. 2500. If he spe...
A Company allow 8% commission on the total sales to its salesman but if the salesman is appointed on a fix salary of Rs. 10000 and 6% commission on the ...
The monthly incomes of Rahul, Sanjay, and Vikram are in the ratio of 3:5:4, while their monthly expenditures are in the ratio of 6:5:7. Rahul earns Rs. ...
The ratio of monthly savings to monthly expenditure of Meera is 4:5 respectively. If her savings rise by 50% while her expenditure falls by 40%, then he...
The monthly salary of Ankita is Rs. 21,300, and Mamta's monthly salary is Rs. 12,000. The ratio of their monthly expenditures is 9:5, and the ratio of t...
