Question
Which regulatory body set a 30% intraday risk cap for
custodian banks involved in T+1 settlement?Solution
The RBI has mandated custodian banks to limit intraday risk to 30% of the settlement amount in the T+1 settlement system.
‘A’ alone can do some work in 10 days. ‘B’ and ‘C’ together can do the same work in 4 days. If ‘B’ is half as efficient as ‘A’, then...
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A and B together can do a work in 5 days. If A can alone do the same work in 15 days, then in how many days B alone will do the same work?
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