Question
What is the primary goal of the New Credit Assessment
Model for MSMEs launched by the Union Finance Minister?Solution
The New Credit Assessment Model for MSMEs aims to reduce reliance on external evaluations and use digital footprints for credit scoring, improving access to credit.
At what % of simple interest per annum will Rs. 600 amount to Rs. 780 in five years?
A certain sum is invested at an interest rate of 24% per annum, compounded annually, for 2 years, and the compound interest earned after this period is ...
A&B invested their sum in the ratio of 22: 25. Respectively. In two different schemes. Offering simple interest of 15% per annum and compound interest o...
A man invested Rs. 6,000 at simple interest of 'x%' p.a. and received Rs. 12,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%'...
Rs. 5000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the in...
The certain sum amounts to Rs 9,982.50 in 2(1/2) years at 12% p.a., interest compounded 10-monthly. The sum (in Rs) is:
The difference between the compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs. 72. Find the simple interest on th...
Rs. (n + 500) invested on simple interest amounts to Rs. 4,500 and Rs. 5,100 in 5 years and 6 years, respectively. Find the value of 'n'.
A took a loan of Rs.4880 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
Gaurav invested Rs. 9000 in a compound interest scheme for 2 years at an annual rate of q%. If he received Rs. 1980 as compound interest, find the rate ...