Question
In the context of Indian economy, ‘Open Market
Operations’ refers to:Solution
It is an activity by a central bank (RBI) to buy or sell government securities. The aim of open market operations is to manipulate the short term interest rate and the supply of base money in an economy, and indirectly control the total money supply.Â
- If Rs. 80,000 is invested at 9% per annum simple interest for 6 years, how much amount will be received in the end?
The difference between earned interest on the same amount invested for 2 years on compound interest and simple interest is Rs. 75. If interest rates are...
A and B started a business with initial investments of Rs. 25000 and Rs. 30000 respectively. After one year, a profit of Rs. 11000 is earned. A being a ...
Anuj invested Rs. ‘x’ at simple interest of 15% p.a. and Anil invested Rs. (x + 500) at simple interest of 10% p.a. If at the end of 2 nd...
The simple interest on a sum of Rs. (6400 + x) invested for 3 years is Rs. 4,800. If the interest rate is 12.5% per annum, find the value of x.
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:
- Meena invests Rs. x in a fund that gives 18% simple interest per year. After 4 years, she earns interest of Rs. ‘1.4x – 800’. What is the value of x?
Karan invested a certain amount of money, splitting it into two equal parts. He placed one part in a simple interest scheme at an annual rate of 15% for...
Rs. 80Y invested for 6 years at simple interest of 15% p.a., yields an interest of Rs. 4320. If Rs. 100Y is invested for 2 years at compound interest (c...
A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year?
