At what % of simple interest per annum will Rs. 400 amount to Rs. 620 in five years?
According to the question, P = Rs 400 T = 5 years ∴ 620 – 400 = (400 × R × 5)/100 ⇒ R = 22000/2000 = 11%
As per Economic Survey 2021-22, the Marginal Standing Facility rate remained unchanged at______?
