Question
Under the grants-in-aid recommended for 2026–31, what
is the total amount of grants recommended by the 16th Finance Commission?Solution
The 16th Finance Commission recommended total grants-in-aid of ₹9.47 lakh crore for the period 2026–31. This total includes major allocations for local bodies and disaster management, with local bodies receiving ₹7.91 lakh crore and the Centre’s share for disaster management listed separately at ₹1.55 lakh crore.
Pawan distributed his investment as follows: 25% of the total at an annual interest rate of 6%, 1/5th of the total at 8% per year...
The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest...
An amount was invested at simple interest for 2 years. If the rate had been 8% higher, the interest would have increased by Rs. 320. What is the princip...
A sum of money will amount to Rs. 672 in 2 year & in 3 year it is to be 714 in compound interest . Find the rate of interest?
A certain sum of money becomes Rs. 1960 in 1 year and 3000 in 3 years at certain rate of simple interest. Find the sum of money invested.
The simple interest and compound interest (compounded yearly) on a sum Rs. ‘P’ at ‘r%’ p.a. for two years are Rs. 18,000 and Rs. 19,350, respect...
if the interest is compounded half-yearly, calculate the amount when the principal is Rs.4000, the rate of interest is 22%.solve the question
A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.3045.9, find the sum.
A man invested certain sum at 9.5% p.a. simple interest for his son who was 14 years old. If the amount received by the son when he was 27 years old is ...
A man deposited Rs. 20000 at 10% compound interest, compounded annually while Rs. 19000 at 12% simple interest per annum. What will be the difference be...