Question
Which of the following is not a regulator of financial
sectorSolution
EPFO of Employee Provident Fund Organization is not a regulator but a statutory body formed to look after the provident fund of employees. Rest all are regulatory bodies. SEBI regulated the security market, Pension Fund Regulatory and Development Authority (PFRDA) is the pension regulator, Insurance Regulatory and Development Authority of India (IRADA) regulates the insurance sector and RBI regulates the banking and some other sectors.
Calculate the total interest earned after 2 years on an investment of Rs. 2,500, with an annual compound interest rate of 20%, compounded annually.
A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 y...
A certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 765. What is 110% of the sum invested?
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Aman invested Rs. 'a' and Rs. (a + 2100) in SIP 'P' and 'Q', respectively, in a way that the amounts received from both SIPs after 2 years are equal. If...
A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. ...
- A sum of Rs. 6000 at a certain rate of interest in simple interest for six years is amounted to Rs. 11400. If the same sum of money at same rate of interes...
A sum of ₹6,450 is invested for 3.5 years at a certain annual rate of simple interest, yielding a total interest of ₹2,709. If ₹3,500 is then inve...
The difference between compound interest and simple interest at rate of 14% per annum for 2 years is Rs. 294. Find the simple interest obtained on same ...
- The amount on a certain principal at simple interest is Rs. 6,750 after 2 years and Rs. 9,000 after 5 years. What was the initial sum?
