Start learning 50% faster. Sign in now
Explanation: Section 11. Amounts to be paid for transfer and vesting of shares or undertakings.—(1) For the transfer of the shares of each Indian insurance company to, and vesting in, the Central Government, under section 4, there shall be paid by the Central Government to the Corporation, for distribution to the shareholders of each such company, the amount specified against such company in the corresponding entry under column (3) of Part A of the Schedule.
A man invested certain sum at 5% p.a. simple interest for his son who was 15 years old. If the amount received by the son when he was 30 years old is Rs...
Mr. P invested Rs. ‘10x’ in scheme ‘A’ offering simple interest of 20% p.a. and reinvested the interest earned from scheme ‘A’ at the end of...
A certain amount of money, when invested at a simple interest rate of 'r%' per annum, grows to 6 times its original value in 24 y...
Difference between CI and SI on a sum for 3 year at 20% p.a. is 176. Find the simple interest on the sum after 2 years at 10% p.a.
A sofa of MRP 2500 is available in Rs.500 cash down payment and 9 monthly equal installment of Rs.250 each. Find the rate of interest per annum.
A certain sum of money is amount to Rs. 62500 in 3 years at 25% per annum compounded annually, what is the sum of money?
A certain sum of money becomes Rs. 1922 in 1 year and 2900 in 3 years at certain rate of simple interest. Find the sum of money invested.
Rs. (y-1500) was invested in scheme J on (R-1)% per annum on compound interest. Rs. ‘y’ was invested in scheme K on (R+1)% per annum on simple inter...
Suresh placed Rs. 6,000 into an investment plan that accrues compound interest at an annual rate of 15%, compounded yearly. Calculate 80% of the compoun...
A certain amount earns simple interest of Rs. 1600 after 4 years. Had the interest been 6% more, how much more interest would it have earned?