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Sum = (5000 × 100)/(10 × 2) = Rs. 25,000 Quantity I: CI = 25,000(1 + 10/100)² - 25,000 ⇒ 25,000 × 110/100× 110/100 – 25,000 ⇒ 30,250 – 25,000 = Rs. 5,250 Quantity II: CI = 25,000(1 + 8/100)³ - 25,000 ⇒ 25,000 × 108/100× 108/100 × 108/100 - 25,000 ⇒ 31,492.8 – 25,000 = Rs. 6,492.8 ∴ Quantity I < Quantity II.
Which of the following Bank was not nationalized in the First Phase of Nationalization of Banks?
Consider the following statement with reference to the Special Drawing Rights(SDRs).
A) It is an international reserve asset created by the IM...
A Scheduled Bank is included in the
In the terms of banking, what does 'R' pertain to in GIRO?
A person who sign the note of application & render his credit history during the process of loan application?
The State Bank of India was founded in __________.
The Headquarter of SIDBI Is located in
Which of the Following T-Bills is not issued at present?
The main purpose of preparing a Bank Reconciliation Statement is:
New Bank of India was merged into PNB on