Question
The savings of G and H are equal. The difference between
H's expenditure and the total savings of G and H is nil. H's income amounts to Rs. 45,000, and G's expenditure is Rs. 8,000 less than H's. Determine G's income.Solution
Let the savings of G and H be Rs. w each. Therefore, expenditure of H = Rs. 2w. Or, 2w + w = 45,000. Or, w = Rs. 15,000. Therefore, expenditure of G = 2w – 8,000 = Rs. 22,000. Income of G = 22,000 + 15,000 = Rs. 37,000.
When did Financial Stability Board come into existence?
A company invests in different assets simultaneously in order to reduce risks. What is this strategy called?
Delta is a measure of ______
Flexible Budget is a budget with which features?
A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an International Bank. Th...
What does the BRSR Core represent?
Micro Finance Development and Equity Fund is administered by:
A ___________ is an agreement between two parties to exchange cash flows on a determined date or in many cases multiple dates.
Which of the following statements is/are correct regarding Derivatives in India?
1) Derivatives are financial instruments that deriv...
An investor enters into a long position in one Nifty Future contract (Lot Size = 50) at a price of ₹24,000. The broker mandates an Initial Margin of...