Question
What was mandated by the RBI during the August review of
monetary policy in relation to banks?Solution
During the August review of the monetary policy, the RBI mandated all scheduled banks to maintain an I-CRR of 10 percent on the increase in their net demand and time liabilities (NDTL).
What will be the net CI on Rs. 8000 for 4 years at 20% p.a compounded annually?
Bittu, Tittu and Mitthu invested Rs. 80000, Rs. 100000 and Rs. 120000 respectively to start a business. Partnership condition is that, each will get int...
A man invested Rs. 'B' at simple interest of 18% and Rs. 'B + 4000' at simple interest of 14% p.a., for 4 years each. If the interest earned from both i...
Rs. 5,200 is split into two parts. One part is invested at a simple interest rate of 12% per annum, while the other part is invested at a compound inter...
A certain sum amounts to ₹13200 after 4 years and to ₹16400 after 8 years at the same rate percent p.a. at simple interest. The simple interest (in ...
Mr. Ghanshyam deposited certain amount in the Bank at the end of each year. How much amount did he deposit at the end of each year at the rate of 15% si...
A sum of money grows to Rs 9,600 in 2 years when invested at a simple interest rate of 10% per annum. If the same sum of money is invested at the same i...
- Anjali invests Rs. 28,000 in scheme 'C' and Rs. 22,000 in scheme 'D'. Scheme 'C' gives 14% interest per annum for 2 years and scheme 'D' gives 11% per annu...
Mitch placed Rs. 32,000 in a compound interest account with an annual rate of 30%, compounded semi-annually. After investing for a period of 15 months, ...
If interest is compounded half-yearly, then find the compound interest on Rs. 8,000 at the rate of 20% per annum for 1 year.
