Question
On selling 21 bottles at Rs. 1620, there is a profit
equal to the cost price of 6 bottles. The cost price of a bottle isSolution
21 SP – 21 CP = 6 CP 21 SP = 27 CP CP = (21SP)/27 = 1620/27 = Rs. 60
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
In banking, IRAC stands for:
A bank’s Profit before appropriations = ₹20 crore. Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuatio...
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
<...The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
The digital payment system UPI, has been developed by which of the following institutions? Â
"CASA" ratio in banking stands for:
An account is classified as "Doubtful Asset" (for more than 3 years) if it has remained in the NPA category for:
Which of the following is not allowed in small accounts?
What is the threshold aggregate annual credit limit for deposit accounts opened using Aadhaar OTP-based e-KYC?
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