Question
Who has been appointed as the chairman of the National
Consumer Disputes Redressal Commission?Solution
Former Chief Justice of the Madras and Patna High Courts, Justice AP Sahi has been appointed as the new chairman of the National Consumer Disputes Redressal Commission (NCDRC). Justice Sahi will have a tenure of four years as the head of the NCDRC. NCDRC is a quasi-judicial commission established in 1988 under the Consumer Protection Act.
A man invested certain sum at simple interest of r% p.a. such that it amounts to 122% of itself in 5 years. Find the interest earned when Rs. 3000 is in...
A man invested Rs. 's' in scheme 'G' offering simple interest at 8% for 5 years and Rs. 2,200 in scheme 'H' offering simple interest at 9% for 4 years. ...
An individual invested an amount of money in a financial scheme that accrues compound interest at an annual rate of 30%, compounded yearly. After 2 year...
An amount becomes seven times of itself in 48 years at simple interest. Find the value of (5R β 15), where R is the rate of interest per annum.
Mr. P invested Rs. β2xβ in scheme βAβ offering simple interest of 20% p.a. and reinvested the interest earned from scheme βAβ at the end of ...
The interest earned when a sum is invested at simple interest of 5% p.a., for 3 years, is Rs. 5280. What will be the total amount received after 2 years...
'R' took a loan of Rs. 40,000 from a bank with a compound interest rate of 15% per annum and then invested the same amount at a s...
The difference between compound and simple interest on a sum of money for 2 years at 4% per annum is Rs. 626. The sum is:
A, B, and C all three invested in scheme at 20% SI for 2 years. A, B, and C entered in partnership with interest received from the scheme for 1 year, 8 ...
A certain sum of money invested at a rate of 48% p.a. amounts to Rs. 20736 at the end of 15 months if the rate of interest is compounded 5 monthly. Find...