Question
Joseph invested some amount in debentures. But after 3
years from the date of investment he passed away. His Wife Mrs. joseph was allowed premature withdrawal as an exceptional case by the bank at the end of 3 years but with a deduction of 1% from the total amount payable. If Mrs. joseph receives Rs 3,86,100 at the end of 3 years, what amount did Mr. joseph invested? Direction (Q. 61 - 65): Read the following data and table to answer the following questions. There are five persons Jack, Jill, John, Jimmy and Joseph. There are three investment schemes in which these five persons can invest their money. The details of these schemes are given below. Note: (i) Amount cannot be withdrawn before maturity period. (ii) No reinvestment after maturity period is allowed in any scheme. (iii) Total Amount (including interest) is payable at the end of the maturity period.Solution
Long-term borrowings are essential for supporting a company's large-scale investments and capital expenditures. These borrowings typically have extended...
Which of the following is not included in planned maintenance under Total Productive Maintenance (TPM)?
Consider the following Statements and choose the option with Correct Statements.
I- The ‘City Finance Rankings, 2022’ aim to evaluate, rec...
How many annual plans are there in Plan Holidays?
Which is the document inviting applications for the subscription of shares which does not specify the details of either price or no. of shares being off...
Inflation that arises due to rising costs of production inputs such as wages and raw materials is referred to as:
Which type of control ensures that monitoring and corrective action occur simultaneously while the activity is being performed?
What was India's current account deficit (CAD) as a percentage of GDP in FY24 as per economic survey 2023-24?
What is the investment limit for Foreign Portfolio Investors (FPI) in government securities (Gsecs) as announced by the RBI for the fiscal year 2024-25?
Current rate of interest equalization under Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, for MSME Manufacturer Exporters ...