Question
If the 5-digit number 676pq is divisible by 3, 7 and 11,
then what is the value of (6p – 7q)?Solution
When 676xy is divisible by 3, 7 &11, it will also be divisible by the LCM of 3, 7 & 11. Dividend = Divisor × Quotient + Remainder By taking the largest 5-digit number 67699 and divide it by 231. ∵ 67699 = 231 × 293 + 16 ⇒ 67699 = 67683 + 16 ⇒ 67699 - 16 = 67683 (completely divisible by 231) ∴ 67683 = 676pq (where p = 8, q = 3) (6p – 7q) = 6 × 8 - 7 × 3 ⇒ 48 - 21 = 27 ∴ The required result = 27
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
A customer reports unauthorized transactions on their digital banking app. Under RBI’s directions, if the customer informs the bank within 3 days, wha...
The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
A borrower has defaulted on a term loan for over 90 days. The bank categorizes the account as an NPA. Later, the borrower partially repays the overdue a...
"CASA" ratio in banking stands for:
The digital payment system UPI, has been developed by which of the following institutions? Â
A bank’s Profit before appropriations = ₹20 crore. Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuatio...
In the context of banking, 'Credit Risk' refers to the risk of:
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
Which of the following is the platform for investors to trace inactive as well as unclaimed mutual fund investments ?