Question
The average age of a group of 22 persons is found
to be 20 years. Later it is found that age of two of the persons is calculated as 30 and 66 instead of 87 and 9. Find the correct average age of the group.Solution
Required average = {(22 × 20) – 30 – 66 + 87 + 9}/22 = 20 years
If the Reserve Bank of India wants to contract credit in the economy, it would most likely:
Provision for bad and doubtful debts is based on the principle of
A bank needs liquidity for which of the following?
                     I.       Meeting deposit withdrawals
...Who can be the participants in the Call Money Market
1. Scheduled Commercial Banks (excl Local Area Banks)
2. Small Finance Banks and Paym...