Question
In a lottery, there are 9 prizes and 21 blanks. A
lottery is drawn at random. What is the probability of getting a prize?Solution
P (getting a prize) = 9/(9 + 21) = 9/30 = 3/10.
If the Reserve Bank of India wants to contract credit in the economy, it would most likely:
Provision for bad and doubtful debts is based on the principle of
A bank needs liquidity for which of the following?
                     I.       Meeting deposit withdrawals
...Who can be the participants in the Call Money Market
1. Scheduled Commercial Banks (excl Local Area Banks)
2. Small Finance Banks and Paym...