Question
How much profit did Jane Street Group allegedly earn
through index manipulation in India, according to SEBI?Solution
According to SEBI, Jane Street Group, a U.S.-based trading firm, allegedly earned ₹4,843 crore by manipulating indices like Nifty 50 and Bank Nifty using aggressive trading strategies. This led to distortion in options pricing and created unfair profit opportunities. SEBI has banned the firm from participating in Indian markets and ordered the transfer of these profits to an escrow account.
A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount fo...
Manoj deposited a sum of money in a scheme that offers 10% annual compound interest for a period of three years. If the total interest he earned at the ...
A sum of money amounts to Rs 9,200 in 3 years at 5% simple interest per annum. Find the interest earned .
An amount becomes 2.5 times itself in 15 years at a simple interest rate of r% per annum. Find r.
Find the simple interest on Rs 6000 at 8% per annum for 2.5 years.
Arjun borrowed Rs. 5000 at R% S.I. and Rs. 6000 at (R + 5)% S.I. for 2 years. The total interest paid was Rs. 2800. Find the rate at which he borrowed R...
- Calculate the total return on Rs. 60,000 invested for 2 years at 15% p.a. simple interest.
What sum of money must be given at simple interest for 3 months at 5% per annum in order to earn Rs. 220 interest?
- A sum of Rs. 20000 earns compound interest at 9% per annum, compounded half yearly. Find the total interest at the end of one year.
- Sohan invested Rs. 11,600 at a simple interest rate of 7.5% per annum for 3.5 years. What will be the total amount he receives after the period?
