Question
What are the percentages in which RBI released the
Incremental Cash Reserve Ratio (I-CRR) as per the schedule?Solution
RBI releases 10% Incremental CRR (25%, 25%, 50%) : with effect from August 12 for Schedule Banks. RBI will release 25% of the I-CRR maintained on September 9 and another 25% on September 23. The remaining 50% of the I-CRR maintained will be released on October 7.
The compound interest accrued on a sum of Rs 4400 at the end of 2 years is Rs 1,119.36. What would be the simple interest on the same at the same rate f...
The perimeter of a square field is 10 cm more than the perimeter of a rectangle. The length of the rectangle is 45 cm which is 250% of its width. If a s...