New RBI Grade B 2025 Notification will come Soon! Enroll Here

Question

Loan repayment by instalment payments is called as

-

A amortizing a loan

B Annuity payments

C cancellation of loan

D appreciation of investment

Practice Next

More Static GA Questions

A sum triples itself in 8 years at simple interest. Find the rate of interest per annum is.
Atul has Rs.550 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 20% p.a. for 5 years. Find the sum of simple interests receiv...
What will be the differnce between SI & CI on Rs. 5000 for 3 years at rate of 20% per annum ?
Rs. ‘P’ was invested in scheme A at the rate of 30% per annum on compound interest for 3 years. Rs. (P+9875) was invested in scheme B at the rate of...
A sum of ₹5,000 is invested at 8% simple interest per annum for 3 years. After 3 years, the interest is reinvested at 6% compound interest for 2 years...
Jupiter borrowed a sum of Rs 31,500 from Mars at the rate of 14% per annum for 3 years. He added some more money in it and lent it to Saturn at the rate...
In scheme A and B, Rs. ‘z’ and Rs. ‘(z+5000)’ were invested at the rate of (R-6)% and ‘R’% per annum on simple interest. After two years, th...
If ₹15,600 is invested at a simple interest rate of (a + 12)% per annum and doubles in value over 5 years, determine the value ...
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...
The difference between compound interest and simple interest at rate of 24% per annum for 2 years is Rs. 288. Find the simple interest obtained on same ...