Question
What is the minimum limit for bulk deposits for local
area banks as per the recent guidelines by the RBI?Solution
 The RBI has set the minimum limit for bulk deposits at Rs. 1 Crore for local area banks, ensuring such deposits are beneficial for the local economy.
There are two slabs of income tax, 7% tax for income up to 3 lakh and 12.5% for income above 3 lakh. Nitin tried to evade tax by hiding some of the inco...
The population of a city is decreased by 15% in the first year and then increased by 20% in the second year. Find the population of the city at the end...
If y exceeds x by 15 % then x is less than y by what percent?
- In 2022, there were 5200 students in a college, 60% of whom were girls. Next year, the number of girls went up by 25%, while the number of boys dropped by ...
The number of boys and girls in a school is 200 and 320 respectively. 20% of boys left the school while 40 girls took admission in the school. Find the ...
- The population of a small town grows by 18% per year. If the population two years later is estimated to be 41,472, what is the population now?
In an exam of 200 marks, a student scores 136 marks. What percent of marks did he score?
If a book was sold at 20% profit and the cost price & selling price of the book is increased by Rs. 40 and Rs. 96 respectively. The new profit percentag...
A person spent 23% of his monthly income on food and 44% of the remaining on rent. If amount spent on rent is Rs 1694, then find the amount spent on food.
P spends 27% of his salary on transportation, 30% on food, 18% on children’s education and 16% on medical. He deposits the remaining amount of Rs....