Question
In a lottery, there are 16 prizes and 20 blanks.
A lottery is drawn at random. What is the probability of getting a prize?Solution
P (getting a prize) = 16/(16 + 20) = 16/36 = 4/9.
A borrower is offered two loan options:
• Loan A: ₹50 lakh @ 9.5% with 1.5% upfront fee
• Loan B: ₹50 lakh @ 10% with no fee
<...Which of the following statements are true regarding Pre-Packaged Resolution Process?
1. By way of a further amendment to IBC viz., IBC (Amendmen...
Which specific institutions in India does not qualify as Market Infrastructure Institutions?
Which of the following statements about REER is not correct?
What does the seventh and eighth character in the Swift Code represent?
How much amount was allocated to the Ministry of Rural Development in the Budget 2023-24?
The economy of Country Z is in a recession, with declining GDP, rising unemployment, and low consumer and business confidence. The government is conside...
As per the recent guidelines by RBI for issuance of Share Capital by Rural Co-operative Banks, what is the limit of the outstanding amount of PNCPS and ...
Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
What is the revised upper limit of the Contingent Risk Buffer (CRB) set by RBI?
Relevant for Exams:
