The Regional Rural Bank (Amendment) Act 2015 prescribes that the combined share of the government and the sponsoring bank should be a minimum of: -
The Regional Rural Banks (Amendment) Act, 2015, came into effect from 4th February 2016. The Act raises authorised capital to Rs 2,000 crore and states that it cannot be reduced below Rs 1 crore. The Act allows RRBs to raise capital from sources other than the existing shareholders -central and state governments, and sponsor banks. Here, the combined shareholding of the central government and the sponsor bank cannot be less than 51%.
‘A’ started a business with the investment of Rs. 19000. After ‘x’ months and after 6 months from starting ‘B’ and ‘C’, respectively, jo...
‘A’ started a business by investing Rs. 3000. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 7:5, respectively for 8 years. If 25% of the total profit i...
P and Q started a business by investing Rs.5600 and Rs.4000 respectively. After 4 months, Q increased his investment by a certain percentage such that a...
A and B enter into a partnership with their initial sum of Rs.18000 and Rs.24000 respectively. After 4 months, a third person C also joins them with his...
P and Q together started a business with initial investment in the ratio of 1:8, respectively. The time-period of investment for P and Q is in the ratio...
A, B and C invest in a partnership in the ratio 8:5:10 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C ...
A and B started a business by investing Rs. 12,000 and Rs. 18,000 respectively. A also worked as the active manager and for that he is entitled to recei...
Aman, Bhanu, and Chikku jointly initiated a business with a total investment of Rs. 80,000, of which Aman invested Rs. 24,000. After 6 months, Aman adde...
Ajay and Akash together start a business with investment of Rs. 1900 and Rs. ‘x + 900’, respectively. If the profit earned after 5 years is Rs. 7800...
