Question
What is the full form of IFSCA?
Solution
IFSCA was established on April 27, 2020 under the International Financial Services Centres Authority Act, 2019. It is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Center (IFSC) in India.
X, Y, and Z invested ₹1,20,000, ₹1,50,000, and ₹1,80,000, respectively, in a partnership business. The annual profit was ₹1,50,000. If X withdre...
- 'Ajay' and 'Bheem' entered in a partnership such that sum invested by 'Ajay' is 25% more than that by 'Bheem' while 'Bheem' invested his sum for 25% less t...
P started a business with an investment of Rs.10000, after 6 months Q joined him with Rs.12000 and after another 6 months R joined them with Rs.15000. I...
A sum of ₹4,360 was to be divided among A, B, C, and D in the ratio 3:4:5:8, but it was divided in the ratio 1/3:1/4:1/5:1/8. Was divided by mistake: ...
P, Q and R start a business. P invests Rs 60,000 for 12 months, Q invests Rs 75,000 for 10 months, and R invests Rs 90,000 for 8 months. If the total pr...
A invested Rs. X in a business. After three months B Joined him with Rs. 4X and A double his investment. If at the end of the years total profit ...
‘C’ and ‘D’ entered into a business by investing Rs. ‘y’ and Rs. ‘y + 300’, respectively. After 10 months ‘C’ invested Rs. 400 more ...
A and B entered into a business investing their capital in the ratio of 16:21, respectively and the respective ratio of time for which they made their i...
P started a business investing Rs.9000. After 3 months, Q joined her with the capital of Rs.16000. After another 6 months, R joined them with the capita...
A, B and C invest in a partnership in the ratio 7:5:9 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
Relevant for Exams:
