Question
Which of the following entities is to perform the
functions of the Central KYC Records Registry (CKYCR)?Solution
The Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is to perform the functions of the Central KYC Records Registry (CKYCR). The CERSAI will receive, store, safeguard and retrieve know your customer (KYC) records in digital form for a client, as against other KYC Registration Agencies (KRAs) such as Computer Age Management Services (CAMS) and Karvy, which maintain KYC information provided by investors on their individual systems and verified in person.
Ajay and Raju have a total sum distributed between them in the ratio of 12:5. Ajay invests his portion at a simple interest rate of 20% per annum for 15...
A person invested Rs. 50,000 in scheme A that offers simple interest at 25% p.a. Four years later, they withdrew Rs. x from scheme A and placed it in sc...
A person 'P' invests ₹24,000 at a simple interest rate of 15% per annum for 2 years, while Jay invests the same amount, ₹24,0...
Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 27...
If Rohit invested Rs. 16,000 at compound interest of 25% p.a., compounded annually, then interest earned by him in two years would be:
A man invested certain sum at 9.5% p.a. simple interest for his son who was 14 years old. If the amount received by the son when he was 27 years old is ...
A sum of money doubles itself in 5 years at simple interest. What is the rate of interest per annum?
An amount of Rs. 'x' is invested at a simple interest rate of 15% per annum and grows to Rs. 14,500 after 3 years. If the same am...
The simple interest received on a certain sum is Rs. 4500 less than the sum invested. If the sum was invested at 5% p.a. for 15 years, then find the sim...
If the ratio of the sum invested and simple interest received after 1 year is 20:9 respectively, then find the rate of interest.
