Question
A and B are currently in the ratio 7:3. The ratio of A
after 4 years to B 2 years back is 3:1. C’s present age is 40% less than (A+B) now. Determine C’s present age.Solution
ATQ, Let present ages of A and B be 7x and 3x years. (7x + 4)/(3x - 2) = 3/1 ⇒ 7x + 4 = 9x - 6 ⇒ 2x = 10 ⇒ x = 5 Sum = 7x + 3x = 10x = 50 Therefore, C = 0.60 × 50 = 30 years
SWIFT code consists of ________ digits.
Consider the following statement with reference to the Special Drawing Rights(SDRs).
A) It is an international reserve asset created by the IM...
Which of the following Acts helps a bank in its day to day activities?
The other name for SWIFT code is
What is a mortgage?
Which one of the following pillars addresses risk as per Basel Il norms.
Which of the following can be a Pre-Paid Instrument (PPI)?Â
i. Smart Card
ii. Mobile Wallet
iii.Internet accounts
The share of net demand and time liabilities that banks must maintain in safe and liquid assets, such as, government  securities, cash and gold with...
Fiscal Deficit occurs when
What is objective of E-rakam or E-cash?