Question
What will be the amount if a sum of Rs. 5000 is placed
at compound interest for 3 years while the rate of interest for the first, second and third years is 2%, 3% and 4% respectively?Solution
Amount = P [1 + (r1/100)] [(1 + r2/100)] [(1 + r3/100)] Amount = 5000 × (102/100) × (103/100) × (104/100) => Rs. 5463.12
What is the limitation period for money in account that is payable on demand?
The liquidator shall hold the liquidation estate as a fiduciary for the benefit of_______________
A copy of MOA / AOA can be given , to the members on request, within _____?
Which is the essential element in case of a Hit and Run case ?
As per the Factories Act, 1948 State Government may make rules requiring that in any specified factory wherein _________________ workers are ordinarily ...
When there are several defendants, service of summons shall be made _____________.
Acceptance of the proposal is said to be done when___________
Which of the following pairs is not correctly matched?
As per the IRDA Act, 1999_______________ is the time period which is there as a bar on the future employment of members?
As per the Legal Service Acuthorities Act every person who has to file or defend a case shall be entitled to legal services under this Act if that perso...
Relevant for Exams:
