Question
Two pipes, A and B, can independently fill the tank in
12 minutes and 15 minutes respectively, while pipe C can empty 10 gallons from the tank in 2 minutes. If all three pipes are operated simultaneously, and they manage to fill the tank in 10 minutes, what is the tank's capacity?Solution
Taking LCM of 12, 15 and 10 = 60 Efficiency of A = 5 Efficiency of B = 4 Efficiency of (A+B-C) = 6 Efficiency of C = (5 + 4) – 6 = -3 Pipe C empty the tank in = 60/3 = 20 min Capacity of the tank = 20 × (10/2) = 100 gallons
According to the Interest Rate Parity (IRP) theory, if the 1-year risk-free interest rate in India is 10% and the 1-year risk-free interest rate in ...
A SEBI-registered Infrastructure Investment Trust (InvIT) plans to raise funds by issuing Masala Bonds in the London market. Which of the following re...
A SEBI-regulated entity performing cross-border transactions uses a BIC (Business Identifier Code), commonly known as a SWIFT Code. In an 8 or 11-chara...
A company based in the United States is expecting to receive a payment of 10 million euros in next two months. The company is concerned about the fall i...
Import cover is crucial for maintaining a stable currency and avoiding a balance of payments crisis. Which of the following ratio best reflects the impo...
What is meant by 'Deficit Monetization'?Â
IMF describing India’s FX regime as “crawl-like” rather than purely floating implies ______​
When a country devalues its currency to improve its trade balance, the J-Curve effect suggests that the trade deficit will initially worsen before i...
The Marshall-Lerner Condition explains the requirement for a currency devaluation to successfully improve a country's trade balance in the long run. A...
An Indian importer observes the following quotes in the interbank market:
- Direct Quote in India: 1 USD = ₹83.50