Question
When RBI raises the Cash reserve Ratio rate what action
are the banks required to take?Solution
The correct answer is A
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A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 18,000. If out of a total profit of Rs. 1200, A gets Rs. 500 a...
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A and B started a business by investing Rs. 12,000 and Rs. 18,000 respectively. A also worked as the active manager and for that he is entitled to recei...
'X' and 'Y' invested 'a + 2400' and '2a', respectively, to launch their businesses. 'X' withdrew half of his money four months later. Determine 'X's inv...
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Pipe ‘A’ can fill a tank in 10 hours whereas pipe ‘B’ can empty it in 20 hours. If both pipes are opened together while pipe ‘B’ is closed a...
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