Question
If rupee bonds are issued in domestic market, these are
called:Solution
When rupee denominated bonds are issued in India, they are called Maharaja bond.
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What will be the differnce between SI & CI on Rs. 70000 for 3 years at rate of 40% per annum ?
A sum of Rs 12,000 becomes Rs 15,600 in 3 years at simple interest. Find the rate of interest per annum.
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