Question
As laid down under the Exim Bank Act the Central
Government may advance to the Exim Bank a loan of _______________ at a rate of interest of five and a quarter per cent per annumSolution
Section 11. Loans by Central Government: The Central Government may, after due appropriation made by Parliament by law in this behalf, advance to the Exim Bank-- (a) a loan of twenty crores of rupees at a rate of interest of five and a quarter per cent. per annum repayable in fifteen equal annual instalments, commencing on the expiry of a period of fifteen years from the date of receipt of the loan.
More Other Laws and Acts Questions
Find the wrong number in the given number series.
125, 129, 120, 136, 121, 147
A-5,  A,  35,  52, 78, 115
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23, 37, 66, 111, 172, 249 - Find the wrong number in the given number series.
12, 21, 5, 38, 2, 71 259, 372, 495, 618, 741, 864
9Â Â Â Â 20Â Â Â Â Â 63Â Â Â Â Â Â 255Â Â Â Â Â Â 1285Â Â Â Â Â 7716
...4, 9, 35, 159, 951, 6931
- Find the wrong number in the given number series.
300, 600, 200, 900, 112.5, 1125 15, 34, 13, 32, 11, 28
64, 32, 35, 48, 96
