SLR is determined as a percentage of Net Demand and Time Liabilities The maximum limit of SLR is 40% and minimum limit of SLR is 0 In India, RBI determines the percentage of SLR in this range. If any bank fails to maintain the SLR, then it has to pay penalty to penal interest at the rate of 3% per annum above the Bank Rate, on the shortfall amount for that particular day. If the shortfall continues next day the penal interest can be increased to 5% per annum above the Bank Rate.
Rohit invested a certain amount at the rate of 6 p.c.p.a. and obtained a simple interest of Rs 8,730 at the end of 3 years. What amount of compound inte...
Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 af...
Divide Rs 2,760 in to two parts such that when these are invested for 2 and 4 years, respectively, at the rate of 5% per annum simple interest, the amou...
A certain sum when invested at compound interest (compounded annually) of 8% p.a. for 4 years, gives an interest of Rs. 4879.20. Calculate the approxima...
A borrows Rs 7000 from B at 10% p.a compound interest compounded annually. At the end of every year he pays Rs 2200 and at the end of 3rd years he pays ...
Sneha deposited Rs. ‘R’ in a bank offering compound interest of 13% p.a. compounded annually. After 3 years, she invested the amount received from t...
A certain amount earns simple interest of Rs. 1480 after 3 years. Had the interest been 5% more, how much more interest would it have earned?
A certain sum amounts to ₹22,494 in 7 years at x% per annum on simple interest. If the rate of simple interest per annum had been (x + 4) %, the amoun...
Anita and Rohan each invested a sum of ₹12,000 for 2.5 years at 20% compound interest per annum. However, while for Anita the interest was compounded ...
