Question
Which is true about the Maldivian Monetary Authority
(MMA)?Solution
Originally founded in 1981 as the Maldives Monetary Authority, it functions as the country’s central bank, regulating currency and financial stability. The organization is commonly referred to as “MMA.”
Farhan invested a certain amount of money 8 years ago. He put his money at the rate of 5% for the first 2 years, 7% per annum for the next 4 years and ...
Priyanka wants to invest Rs. 30,000 for 3 years, which of the following options would fetch her the highest amount as interest?
I) Company A unde...
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Farhan invested a certain amount of money 8 years ago. He put his money at the rate of 5% for the first 2 years, 7% per annum for the next 4 years and ...
Suppose a man invested Rs.(4000 + 2a) in Mutual Fund 'X' for 2 years and Rs. (3200 + 6a) in scheme 'Y' for 2 years and interest gets from Mutual Fund 'X...
₹4,300 becomes ₹4,644 in 2 years at simple interest. Find the principle amount that will become ₹10,104 in 5 years at the same rate of interest.
Praveen earned an interest of Rs. 10,400 by investing a certain sum with bank C under scheme III for two years. How much interest he would have earned h...
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