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The Constitution envisions a scheme of affairs in which the president of India is the head of state; in terms of Article 53 with office of the prime minister being the head of Council of Ministers to assist and advise the president in the discharge of his/her constitutional functions. To quote, Article 53, 74 and 75 provide as under. The executive powers of the Union shall be vested in the president and shall be exercised either directly or through subordinate officers, in accordance with the Constitution. — Article 53(1), Constitution of India. There shall be a Council of Ministers with the Prime Minister at the head to aid and advise the president who shall, in the exercise of his functions, act in accordance with such advice. — Article 74(1), Constitution of India.
Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Ve...
Mr. X invested Rs. 1200 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 9% per annum a...
Rs. 5000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the in...
Ravi lends Rs. 10,000 to two of his friends. He gives Rs.5,000 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole...
Anchal allocates a portion of his salary for various purposes. He invests 10% of his salary in a Provident Fund (PF) and then spends 30% of what's left ...
Akshay invested Rs. 1050 in two schemes P and Q in the respective ratio of 5:2. Scheme P and Q are offering simple interest at the rate of 8% per annum ...
Suresh earned an interest of Rs. 1677 on principal amount of Rs. 5200 at some rate of compound interest in 2 years. How much more/less interest would he...
A sum of 10,500 amounts to 13,825 in 3.8 years at a certain rate percent per annum simple interest. What will be the simple interest on the same sum for...
An amount of Rs. 2,500 invested at a simple interest rate of r% per annum grows to Rs. 4,930 in 6 years. Using the same rate of interest, in how many ye...
