Question
Which of the following options is incorrect about
“Pradhan Mantri Rojgar Protsahan Yojana”?Solution
Explanation: The government is implementing Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) since 2016 with the objective to incentivise employers the creation of new employment and also aimed to bring informal workers to the formal workforce. Under the scheme, the Government of India is paying Employer’s contribution i.e. 12% for a period of three years to the new employees earning wages less than or equal to Rs. 15,000/- through EPFO.
A certain sum of money becomes Rs. 1922 in 1 year and 2900 in 3 years at certain rate of simple interest. Find the sum of money invested.
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 an investment of Rs. 5,120 grows to Rs. 6,480 in two years when compounded annually at an interest rate of 'R%' per annum, calculate the value of 'R'.
Simple interest received at the rate of 16% p.a. for 7 years on a principal amount of Rs. 4500 is twice of the simple interest received at 10% p.a. for ...
Rs. 6,600 is invested in scheme ‘A’ offering simple interest of 13% p.a. and Rs. 2500 in scheme ‘B’ offering simple interest of 4% p.a. What is ...
A certain sum of money becomes Rs. 1500 in 1 year and 2800 in 3 years at certain rate of simple interest. Find the sum of money invested.
A man invested certain sum at simple interest of r% p.a. such that it amounts to 170% of itself in 7 years. Find the interest earned when Rs. 2800 is in...
An amount placed on simple interest at 7.5% per annum for 3 years becomes Rs. 8,025. What was the principal?
A certain sum amounts to ₹13200 after 4 years and to ₹16400 after 8 years at the same rate per cent p.a. at simple interest. The simple interest (in...
Compound interest on a certain sum of money for 2 years is Rs.2860 while the simple interest on the same sum for the same time period is Rs.2600. Find t...
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