Question
What is the minimum threshold of debt for a bank to
initiate recovery proceedings under the Recovery of Debts and Bankruptcy (DRT) Act?Solution
The Central Government increased the limit for filing cases in Debt Recovery Tribunals (DRT) from ₹10 lakh to ₹20 lakh to reduce the burden on these tribunals.
A, B and C can complete the whole work in 20 days. A starts the work and works for ‘x’ days while B and C complete the remaining 3/5 of the ...
X men can complete the piece of work in 50 days and (X + 51) men can complete the same work in 30 days less than that of days taken by X men. Find the v...
In a Construction site Men, Women and Children were working in the ratio 6:3: 1 to finish a job and their individual wages were in the ratio 3:1:2. Enti...
Anu can finish 25% of an assignment in 10 days, whereas Tanya can do 30% in 12 days. Anu works on it for 16 days and leaves. How long will Tanya take to...
Farhan and Dev can complete a work alone in 75 days and 90 days respectively. If they work together and earn Rs. 8,250, find Dev’s share.
A, B and C alone can complete a work in 24, 48 and 32 days respectively. All of them started working together but after 2 days from start A left the job...
‘M’ is 60% more efficient than ‘N’. ‘N’ started the work alone and worked for 12 days and after that ‘N’ is replaced by ‘M’. If the ...
A alone can complete 60% of a work in 24 days while B takes 20 days more than A to complete it. If B and C together can complete the work in 35 days, th...
A and B together, B and C together and A and C together can complete a piece of work in 14 days, 15 days and 18 days respectively. Find the ratio of the...
35 people working 7 hours a day take 22 days to complete a task. How many people working for 6 hours a day are needed to complete five times the given t...
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