Question
What major amendment did the Banking Laws (Amendment)
Act, 2025 introduce regarding “substantial interest”?Solution
The Act revises the definition of "substantial interest" after decades—from ₹5 lakh to ₹2 crore. This aligns banking oversight with contemporary financial realities, aiming to increase transparency and depositor protection.
Sneha and Meena can complete a project in 24 days and 60 days respectively. Sneha began working first. After how many days should Meena step in so that ...
A work can be completed by ‘A’ and ‘B’, alone in 7 days and 14 days, respectively. Find the number of days taken by ‘C’ to complete the same...
A can complete a work in 20 days. B takes 10 days less than A to complete the same work. In how many days can both of them together complete 90% of the ...
- Amit and Ankit can complete a job in 60 days. Working together with Sumit, they can finish it in 40 days. How many days would Sumit alone take to complete ...
‘A’ and ‘B’, alone can complete a work in 25 days and 50 days, respectively. Both of them started the work together but ‘A’ left the work wh...
Ravi can complete a task alone in 12 days. After a few days, Mohan joins him and both complete the remaining 50% of the work in 3 days. How long will Mo...
8 children and 6 women together can complete a piece of work in 10 days and work done by a children in one day is one-third of the work done by a women ...
- 14 chefs can cook 21 meals in 7 hours. How much time will 10 chefs take to cook 30 meals?
'Y' is 36% less efficient compared to 'X'. If 'X' requires 86.4 days to finish a task, determine how many days 'Y' will take to complete the same task.
A group of 16 women can complete a certain job in 48 days, working 7 hours each day. How many women would be required to complete the same job in 32 day...