Question
The current ages of 'Kabir' and 'Rohan' are in the ratio
2:3. Two years from now, Kabir’s age will be 40% less than Rohan’s age. Find Kabir’s present age.Solution
Let present ages of Kabir and Rohan be 2x and 3x years respectively. According to the question, (3x + 2) × 0.6 = 2x + 2 Or, 1.8x + 1.2 = 2x + 2 Or, 0.2x = 0.8 So, x = 4 Present age of Kabir = 2 × 4 = 8 years
Under large exposure disclosure guidelines, an institution must report its Top 10 largest exposures under what specific condition?
What does a higher Provisioning Coverage Ratio (PCR) directly indicate about a commercial banking institution?
Which of the following specific corporate entities is structurally excluded from the applicability of the Scheme under the NBFC criteria?
As per the BASEL Regulations, Banks shall maintain a minimum Pillar 1 Capital to Risk-weighted Assets Ratio (CRAR) of ……………………………...
What does the acronym LEI stand for in global financial regulations?
Which regulatory department of the Reserve Bank of India oversees the issuance and compliance of these LEI and UTI guidelines?
Under SARFAESI, a bank can initiate action only after the loan account is classified as:
Apart from direct consequential loss, the Ombudsman can award an additional compensation amount for loss of time, expenses, and mental anguish. What is ...
What forward-looking parameter represents the statistical likelihood of a borrower defaulting on an obligation over a specific time horizon?
How long is the mandatory written notice period that a bank must serve to a borrower under SARFAESI before enforcing its security interest?