Most of the debt held by India are: In private sector- Around 80% of the debt are taken by private sectors trough various means such as External Commercial Borrowing (ECB), Bonds etc. Long term- About 85% of our debt are long-term. This means there is no urgent need to repay the principle. Also the interest rate on long term bonds are generally lower. Dominance of short term loan always creates stress on forex reserve. Dollar denominated- Most debt are dollar denominated which means those have to be repaid (both interest and capital) in dollar.
A Bank came up with an interesting investment plan under which it would offer 6% interest compounded half-yearly. Mr. 'X' deposited ₹ 80000 once at th...
The compound interest received on investing Rs. 4000 for 2 years at a compound interest of 20% p. a compounded annually is how much percentage more than...
Neena invested Rs.15000 in a fixed deposit scheme for 2 yrs at CI of 9% p.a. How much will Neena get on maturity of the fixed deposit?
The difference between the compound interest and simple interest on a certain sum for 2 years at 12% per annum is 144. Find the principal amount.
A person invested 6,000 in a bank at compound interest compounded annually. After 3 years, the sum became 7,986. What was the rate of interest?
Raj and Simran each invested a sum of ₹10,000 for three years at 25% compound interest per annum. However, while for Raj the interest was compounded a...
A person borrows ₹80,000 at a rate of 10% per annum compound interest. What is the amount after 3 years?
What will be the CI on a sum of Rs.50,000 after 3 years at the rate of 11%p.a?
...What is the compound interest on a sum of Rs 12,000 for 2(5/8) years at 8% p.a., when the interest is compounded annually? (nearest to a rupee)
A certain sum of money amounts to ₹12,600 in 2 years and ₹14,490 in 3 years at compound interest. Find the rate of interest per annum.