Question
What will be the CI on a sum of Rs.80,000 after 3 years
at the rate of 10%p.a?Solution
CI = P[1+ R/100]t - P CI = 80000[1+ 10/100]3 - 80000 CI = 80000 [ 110/100]3 - 80000 CI = 80000 × (110/100) × (110/100) × (110/100) - 80000 = 106480 - 80000 = 26480
Which of the following is a characteristic of a global financial center?
1) Presence of a large number of financial institutions and services.
As per the changes announced in the Union Budget 2025-26, under the MSMED Act, 2006 , to be classified as a small enterprise, it can invest up to ______...
According to the MSME Act, 2006, what is the maximum allowable investment and turnover for a micro enterprise in terms of plant and machinery or equipment?
Which organization launched the World Migration Report 2024?
A protection against financial losses in the future is called:
As per the UK Sinha Committee, which of the following measures was proposed to improve the financing of MSMEs?
Which company partnered with Airtel Payments Bank to offer UPI Switch, aiming to manage UPI transactions on the bank's platform?
Consider the following statements regarding the SOPs generated by SEBI for large corporates-
I.Firms will need to meet the borrowing quota over...
What does a decreasing inventory turnover ratio usually indicate about a firm
With reference to Financial Year 2021-22, consider the following statements:
1. China, UAE, US, Russia, and Saudi Arabia have a joint share...
Relevant for Exams:
