The Payment and Settlement Systems Act, 2007 should be replaced by an updated law, according to the report of the Watal Committee, set up by the government to overhaul the digital payments infrastructure. The Committee headed by former finance secretary Ratan Watal also recommends a number of regulatory changes along with those to the primary legislation.
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At what % of simple interest per annum will Rs. 500 amount to Rs. 610 in five years?
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A man purchases some number of apples at the rate of 36 apple for Rs. 1. How many for a rupee did he sell to gain 12.5%.
Calculate the final amount Poonam will receive if she invests Rs. 2,500 at a compound interest rate of 80% per annum, compounded quarterly, over a perio...
A person invests Rs.15,000 in two different schemes. The first scheme offers simple interest at 10% per annum, and the second scheme offers simple inter...
A man invested Rs. 't' in scheme 'I' offering simple interest at 11% for 7 years and Rs. 2,700 in scheme 'J' offering simple interest at 13% for 6 years...
A certain sum of money becomes 4500 in 6 years and Rs. 5500 in 10 years at any certain rate of simple interest. Find the principal amount.
Vaishali invested Rs. (X + 3000) on compound interest of r% p.a. compounded annually for 2 years and Tanushi invested Rs. (X – 2000) on simple interes...
