Question
Sita tells the truth in 80% of cases and Geeta tells the
truth in 30% of cases. Find the probability that at least one of them tells the truth.Solution
ATQ,
Sita tells truth = 0.8
→ lies = 0.2
Geeta tells truth = 0.3
→ lies = 0.7
At least one truth:
P = 1 – P(both lies)
P(both lies) = 0.2 × 0.7 = 0.14
P(at least one truth) = 1 – 0.14 = 0.86 = 43/50
What is the necessary minimum capital that the parent bank shall provide for setting up the Banking Unit?
Fiscal year for the government ends on _______
Under Priority 2 of the Union Budget 2024-25, which of is designed to incentivize job creation in the manufacturing sector?
Under what condition can an IFSC Banking Unit (IBU) conduct business in Indian Rupees (INR) as per the IFSCA (Banking) Regulations 2020?
Once a company declares the dividend, amount of dividend should be deposited in scheduled bank within _____ and should be paid out within _____ from the...
Which of the following office is/are designated as Stand-Up Connect Centres to arrange the support that is needed under the Stand Up India programme?
What are the minimum financial asset requirements for an individual to qualify as an Accredited Investor under the IFSCA (Fund Management) Regulations, ...
What is the Debt Service Coverage Ratio (DSCR) used for in project finance?
Which of the following is not a common source of project financing?
In April 2022, RBI introduced the Standing Deposit Facility (SDF). What is the major objective behind this?
