Question
What is the minimum capital requirement for small
finance banks in India?Solution
As per RBI guidelines, small finance banks must have a minimum paid-up capital of ₹200 crore.
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A sum is lent at 20% pa compound interest. What is the ratio of increase in the amount in the 4th year to that in the 5th year?
A positive number becomes 81 times its reciprocal if 10 is added to it. Determine the number.
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Marked price, selling price and cost price of an article are in the ratio 10:7:5. If difference between marked price and cost price of an article is Rs....
