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Let sum invested by Amit = 100x And amount he got = 190% of 100x = 190x Let rate of interest be ‘r’ % p.a. According to the question – (100x × r × 4)/100 = 190x – 100x R = 22.5% Required interest = Rs. (7200 × 22.5 × 5)/100 = Rs 8100
What is the cognitive component of attitudes?
Match the following:
A) Systematic Risk 1) Risk of price movements
B) Operational Risk 2...
Which of the following Schemes allows the retail investors to Open & maintain retail Gilt account with RBI?
As per the Large exposure framework, banks can have a maximum exposure up to 20% of ______, to a single borrower.
Which of the following statements accurately differentiates between Gross Domestic Product (GDP) and Gross National Product (GNP)?
Under the SARFAESI Act, what is the maximum period within which an Asset Reconstruction Company (ARC) is required to resolve an NPA after acquiring it?
Accounting Standards do not permit following method of inventory valuation:
What is the major difference between Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) & Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Which of the following is true about the governance structure of Asset Reconstruction Companies (ARCs)?
As per the Large Exposure Framework, what is the maximum single counterparty exposure that can be taken by a bank?
