Question
Which section of the BSA provides for the admissibility
of electronic records as evidence?Solution
Explanation: Section 58 of the Bharatiya Sakshya Adhiniyam, 2023 deals with the admissibility of electronic records .It recognizes electronic records as documents , and provides for their admissibility subject to authenticity , proper certification under the digital signature or secure electronic record rules .
A bank provides a loan at the rate of 5% per annum to a trader on an amount of 12,50,000 for 5 years. The simple interest to be paid is:
A sum of money triples itself in 12 years. Find the rate percent per annum.
A certain sum when invested for 3 years in a scheme offering simple interest of 12% p.a. gives an interest of Rs. 990. What is 120% of the sum invested?
Abhishek allocates Rs.1600 each into two different investment schemes, A and B. Scheme A provides simple interest annually at a rate of (R-2)%, while sc...
- Anjali invests Rs. 28,000 in scheme 'C' and Rs. 22,000 in scheme 'D'. Scheme 'C' gives 14% interest per annum for 2 years and scheme 'D' gives 11% per annu...
The interest earned on investing Rs. 9000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is la...
A sum of money gets eight times in 15 years , in how many years it will be 512 times in CI?
The simple interest received on a sum is 25/36 of the sum. The number of years is equal to the annual rate of interest. What is the annual rate of inte...
- A sum of money grows to Rs. 7,500 in 5 years and Rs. 8,250 in 7 years under simple interest. What is the original principal amount?
Rs. (2x + 400) is invested at a rate of 20% per annum, yielding an interest of Rs. 3200 after 4 years. Calculate the interest earned when Rs. (x + 100) ...
