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According to data released by the Controller General of Accounts (CGA), the central government’s fiscal deficit narrowed to 11.8 per cent of the FY24 target of Rs. 17.87 trillion at the end of May against 12.3 per cent during the same period a year ago. In absolute terms, the fiscal deficit rose marginally in the first two months of FY24 to Rs. 2.1 trillion, compared to the fiscal deficit of Rs. 2 trillion during the corresponding period of 2022-23 (FY23). According to the CGA data, the Centre’s total expenditure of Rs. 6.26 trillion for April-May FY24 was 13.9 per cent of the target of Rs. 45.03 trillion. Net tax revenue for the April-May FY24 period came in at Rs. 2.78 trillion, about 9.7 per cent lower than the corresponding period last year.
Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 af...
A sum of ₹50,000 is deposited with an annual simple interest rate of 40%. Calculate the total amount that will be obtained after a period of 42 months.
A farmer wants to divide Rs 2,81,800 between his sons , who are 17 and 19 years old respectively, in such a way that the sum divided at the rate of 12% ...
'Fatima' deposited Rs. 6,500 in a SIP at simple interest of 10% p.a. If she earned Rs. 3,900 as interest, then find the duration (in years) for which th...
A person invests ₹25,000 in two schemes A and B. In scheme A, he gets 15% simple interest per annum, and in scheme B, he gets 18% simple interest per ...
What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
Rs. 9500 is invested in scheme ‘A’ for 3 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...
The simple interest earned on ₹3,000 at a rate of 8% per annum for 4 years is ₹x. If ₹2,520 is the simple interest earned on ₹5,000 at a rate of...
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
A and B invested Rs.2x and Rs.2400 in a scheme at simple interest at 8% p.a. The investment time of B is 1 year more than that of A.The ratio of interes...