To enhance the effectiveness of its grievance redressal systems, the Reserve Bank of India ( RBI) has urged Credit Information Companies to designate an internal ombudsman ( IO) by April 1, 2023. The Central Bank made the decision in August to include CICs in the scope of the RBI- Integrated Ombudsman Scheme 2021 in order to broaden its appeal. The RBI claimed that the action would give clients of regulated businesses a free alternative dispute resolution method for complaints regarding CICs. Only complaints that the CIC has already reviewed but rejected in whole or in part will be handled by the IO. Direct complaints from complainants or members of the public won't be handled by it.
While selling a Bike, Max gives a discount of 25% on the marked price. If he gives a discount of 30%, he earns Rs. 120 less as profit. The marked price ...
A product was initially marked up by 62.5% above its cost price. After being offered discounts of 10% and 15% successively, it sold for Rs. 1989. Determ...
When a lamp and a table are sold at 10% profit and 25% profit, respectively, the seller earns Rs. 30 more in comparison when they are sold by interchang...
Anil purchased a plot for Rs. 125,000 and spent Rs. 25,000 on legal fees. If he sold the plot for Rs. 180,000, find the profit percent earned by Anil.
Amit is offering two consecutive discounts on a smartphone marked priced at Rs. 18,000. The final selling price is Rs. 12,420 after applying the first d...
A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 60. Find the marked price of the article if cost price of the artic...
P purchased a book from registered store and gets 20% discount while Q purchased the same book from a roadside stall and got 24% discount. If Q paid Rs....
A shopkeeper bought an article for Rs. 250. He sold it at profit 20% after allowing a discount of 20%. If instead he had sold it at 12% discount, then f...
One article is sold at 15% profit while other is sold at 5% loss such that the difference between their selling prices is Rs. 130. If the cost price of ...
Mohan sold an article for Rs. 15,000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price...
