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Amount at the end of the first year = 10,000 × (1 + 12/100) = ₹11,200. Remaining principal after repaying ₹4,000 = ₹11,200 - ₹4,000 = ₹7,200. Amount at the end of the second year = 7,200 × (1 + 12/100) = ₹7,200 × 1.12 = ₹8,064. Correct option: a
__________________ is a firm that invests pooled funds from clients, putting the capital to work through different investments routes.
When the RBI wants to inject liquidity into economy, it may adopt the following :
(1) Buy the government securities from the banks.
(2) En...
If indeed the deposits made by banks are ₹ 10 ,000 crore and legitimate reserve requirements are 40 percent, then the amount of initial deposits will be
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The International Solar Alliance (ISA) is an action-oriented, member-driven, collaborative platform for increased deployment of solar energy technologie...
The exchange of commodities between two countries is referred as?
Which of the following statements is/are not correct with respect to the Electoral Bonds Scheme ?
I.The government introduced the Electoral Bon...
What is the characteristic of call money in finance?
Which of the following is/are potential benefits of incoming Foreign Direct Investments (FDI) in a country?
1. Human resource development
Atma Nirbhar Krishak Integrated Development Scheme was recently launched in ________________.
