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Start learning 50% faster. Sign in nowLet the sum invested be Rs. x Therefore, simple interest received = Rs. (x – 500) According to the question, {(x × 10 × 6)/100} = x – 500 => 0.60x = x – 500 => 0.40x = 500 => x = 500/0.40 = 1250 Therefore, simple interest received = x – 500 = 1250– 500 = Rs. 750
Which among the following is/are NOT covered under the insurance cover issued by the Deposit Insurance and Credit Guarantee Corporation (DICGC)?
Based on the above information, what will be the operating profit margin of the company?
Under call money market, funds are transacted on an overnight basis and under notice money market, funds are transacted for a period between _________?
An account that a correspondent bank holds on behalf of another bank is called:
What was the estimated total business of State Bank of India (SBI) in FY24?
In which of the following facility the borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again?
Which of the following types of borrowers are eligible for credit under the Priority Sector Lending (PSL) guidelines?
Under the revised Basel III Capital Regulations, what is the maximum limit for which banks can obtain fresh credit ratings from the specified CRA for ba...
Calculate Proprietary Ratio
Which of the following is a disadvantage of project finance?
