Question
The World Bank has granted a loan of $150 million to
_______ for improving finances and public services.Solution
The World Bank has granted a loan of $150 million to help Punjab in managing financial resources and ensure accessible public service. The $150 million loan has a maturity period of 15 years which includes 6 months period.The main aim of providing monetary support to the state to bolster the capabilities of various government departments, help them manage fiscal risks, and make informed policy choices to support sustainable growth.
A man invests 40% of a certain amount at a simple interest rate of 17% per annum, 60% of the remaining amount at a simple interest rate of 20% per annum...
The difference between compound interest and simple interest at rate of 16% per annum for 2 years is Rs. 192. Find the simple interest obtained on same ...
If the simple interest on a certain sum of money for 15 months at 3(1/2)% per annum exceeds the simple interest on the same sum for 9 months at 2(1/2)% ...
What sum of money at 120% compound interest per annum amounts to Rs.376.32 in 2 years?
Shivam invested 22000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.27500. What is t...
'P' invested Rs. 2,00,000 at compound interest of ___% p.a., compounded once every 4 months. If he kept the amount invested for 12 months, then interest...
An amount is invested at a compound interest rate of 21% per annum, with compounding occurring once every 10 months. After 20 months, the interest earne...
A man invested Rs. 'D' at simple interest of 22% and Rs. 'D + 5000' at simple interest of 18% p.a., for 2 years each. If the interest earned from both i...
- Akhil borrowed ₹6500 at a simple interest rate of 27% per annum for 8 years. After 8 years, he added ₹X to the total amount (principal + interest) and ...
If certain sum of amount becomes Rs. 9024 in 12 years and Rs. 13536 in 24 years at a certain rate of compound interest, compounded annually then find th...
Relevant for Exams:
