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The Depositories Act, 1996, was enacted on August 10, 1996, to establish a framework for the electronic maintenance and transfer of securities in a dematerialized form. The Act aimed to eliminate the challenges associated with physical securities, such as forgery, theft, and cumbersome transfer processes. It also laid the foundation for the establishment of depositories in India, such as the National Securities Depository Limited and the Central Depository Services Limited, ensuring efficiency, transparency, and security in the Indian securities market.
Simple interest received at the rate of 10% p.a. for 8 years on a principal amount of Rs. 4500 is twice of the simple interest received at 10% p.a. for ...
A sofa of MRP 1500 is available in Rs.300 cash down payment and 9 monthly equal installment of Rs.150 each. Find the rate of interest per annum.
The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple int...
Simple interest earned on an amount of Rs.1600 at rate of R% per annum after 4 years is Rs.256. Find the simple interest earned on an amount of Rs.1800 ...
Simple interest earned on an amount of Rs.1400 at rate of R% per annum after 3 years is Rs.210. Find the simple interest earned on an amount of Rs.1600 ...
A sum of money doubles itself in 5 years in how many years it will be 3 times?
A sum when invested at a certain rate of simple interest becomes 3 times itself in 25 years. Find the rate of interest.
Rs. 25,000 invested at simple interest of 6% p.a. yields the same interest after 2 years as Rs. 40,000 when invested at simple interest of 'y%' p.a. yie...