Question
Akash distributed a certain
amount of money among his three friends in the ratio of 2:3:4. If, instead, he had divided the amount in the ratio of (1/2):(1/3):(1/4) , the friend who initially received the smallest share would have received ₹2240 more. What was the total amount (in ₹)?Solution
ATQ, Earlier ratio = 2:3:4 New ratio = [(1/2):(1/3):(1/4)] × 12 = 6:4:3 Let the sum is Rs. ‘a’ So, [6/13 – 2/9] × a = 2240 Or, a = 9360
What is the newly introduced threshold for the TReDS platform, according to the Finance Act 2023?
Regarding the Pradhan Mantri Fasal Bima Yojana (PMFBY), consider the following statements:
1)Â Â Â PMFBY was launched in the 2016 Kharif seas...
The RBI will develop a new interest rate benchmark based on secured money markets. Which of the following is the proposed new benchmark rate? Â
Which is correct step by step process of risk management:
A portfolio’s total risk is a combination of the risk of the individual investments in the portfolio. The total risk of a portfolio consists of which ...
According to the Reserve Bank of India (Interest Rate on Advances) Directions, 2016, banks have the option to consider the outstanding balances of depos...
What is the base year for the Reserve Bank of India - Digital Payments Index (RBI-DPI)?
According to the Union Budget 2023-24, consider the following statements.
1. Atmanirbhar Clean Plant Program will be launched to boost availabili...
The treasury department have evolved in importance over number of years, which of the following is not a function of treasury department:
Which of the following lowers the interest rate risk by neutralizing the inflation risk?