Question
A certain sum is invested at a simple interest rate of
12% per annum for a certain period of time. If the sum becomes four times the principal at the end of the period, what is the duration of the investment?Solution
Given: A = 4P r = 12% = 0.12 4P=P(1+0.12t) Solve for t- 4 = 1+0.12t 3 = 0.12t t =3/0.12 t =300/12 =25 years
Which one of the following is not a method of estimating the National Income of a country?
In the fiscal year 2022-23, what was the Year-on-Year (YoY) growth rate of India's services sector?
India is not part of which of the following?
Farming large areas with minimal labor and capital inputs is known as:Â Â
Which statements correctly describe the roles and responsibilities of the Reserve Bank of India (RBI)?
Statements:Â
1. The RBI formulates...
What does an Inverted Duty Structure imply under the GST framework?Â
The Monetary and Credit Policy is announced by which of the following?Â
Which of the following are the specialized wings under the NITI Aayog:
i. Â Research Wing
ii. Â Development Wing
iii. Team I...
What is the definition of a supply chain in a business context?
Which one of the following pairs is correctly matched?
Relevant for Exams:
