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Let monthly income of ‘P’ and ‘Q’ be Rs. ‘15x’ and Rs. ‘26x’, respectively Monthly savings of ‘Q’ = 46% × 15x = Rs. 6.9x Monthly savings of ‘P’ = {6.9/1.2} = Rs. 5.75x Monthly expenditure of ‘P’ = 15x – 5.75x = Rs. 9.25x Monthly expenditure of ‘Q’ = 26x – 6.9x = Rs. 19.1x Or, 19.1x = 5730 Or, x = 5730/19.1 Or, x = 300 Monthly expenditure of ‘P’ = 9.25 × 300 = Rs. 2775
As per the KYC related guidelines given by RBI, which of the following is required for conducting V-CIP (Video-Based Customer Identification Process)?
Which of the following risks are associated with Banking Sector?
A Debenture of face value of Rs.500 is currently quoting at Rs.530. The duration of the debenture is 3 years. The market interest rates moved from 4.5%...
Which of the following Statements is/are True?
I- AT-1 bonds are a type of unsecured, perpetual bonds.
II- The return on AT-1 bonds is u...
_______ is the entit y that was formed to identify and check fraudulent activity in lending transactions against equitable mortgages .
What will be the impact on the portfolio’s systematic risk with the increase in the number of stocks in a portfolio?
The price of a forward or futures contract:
Which of the following best describes the primary role of the Central KYC Records Registry (CKYCR)?
Which of the following is identified as “ beneficial owner” for a company , u nder the RBI’s KYC guidelines ?
Which of the following statement concerning credit risk is incorrect?