Question
What is the rate of compound interest annually?
I. An amount doubles itself in 5 years on simple interest II. Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400 III. Simple interest earned per annum is Rs. 2000Solution
From (I) condition 1 = 1× R × 5/100 R=20% We can find the rate. from (ii) & (iii) given -CI-SI= 400 T=2y SI=2000 r= (400/2000)00 =100/5=20%
Three Banks were merged into one Bank i.e, Imperial Bank in 1921. They are:
Which one of the following pillars addresses risk as per Basel Il norms.
India Post Payment Bank became the __________ payment bank of India.
In SFMS, M denotesÂ
ALM stands forÂ
Lack of access to financial services is technically known as:
Expand the term ALM as used in Banking/Finance sector.
London Metal Exchange is owned by which one of the following?
In which year the first Bank of India was established?
Which of the following is true about the Debit Card of the Banks?
I. By Automated Teller Machine customers can deposit or withdraw money fro...
Relevant for Exams:
