Question
Which Indian authority governs the DBT scheme responsible
for major savings in government subsidies?Solution
The DBT Mission under the Cabinet Secretariat governs the Direct Benefit Transfer (DBT) scheme.
- Diksha invested Rs. x in a scheme that offers compound interest at a rate of 31.25% per annum, compounded annually. The difference between the amount she r...
The amount of a certain sum in 3 years at simple interest at x % p.a. is ₹5,472 and the amount of the same sum in 7(1/2) years at the same rate, at si...
The simple interest earned on a principal of Rs. 6400 at an annual interest rate of (p + 4)% for 3 years is the same as the simple interest earned on a ...
Rohit deposited Rs. ‘x’ in a bank at 8% compound interest per annum for 3 years, compounded annually. If he earned an interest of Rs. 2,597.12, find...
- A man invested Rs. ‘x’ in Plan A and Rs. ‘x/2’ in Plan B. Plan A offers 4% p.a. and Plan B offers 7% p.a. simple interest. If after 3 years, the to...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is investe...
Rs. 13000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 10 less than the i...
If Rs. 15000 is invested at 14% per annum, compounded yearly, calculate the interest earned in one year.
- Calculate the compound interest earned on Rs. 18,000 when it is invested at 10% per annum, compounded semi-annually for 1 year.
A Man deposited certain amount in the Bank at the end of each year. How much amount did he deposited at the end of each year at the rate of 15% simple ...
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