So, {(x + 1200) × 0.12 × 2 = 528 0.24x + 288 = 528 x = 240/0.24 = 1000 So, required interest earned = 2 × 1000 × 0.21 = Rs. 420
Which of the following is not a major sector that the Gujarat International Finance Tec-City (GIFT City) is expected to serve?
According to the Union Budget 2023-24, consider the following statements.
1. The Revised Estimate of the fiscal deficit is 6.4 percent of GDP, ad...
State whether the following statements are true/false:
1 A fixed budget is prepared for only Range of activity.
2 A flexible budget is pre...
Overall responsibility for management of liquidity risk lies with the
Derivatives can be used to hedge the risk. A person can protect himself from downside risk by entering into which of the following position?
Which of the following ratio is useful in evaluating credit and collection policies?
When a company sells a fixed asset, the resulting gain from the sale must be categorized appropriately in the financial statements. Understanding the na...
Which analysis involves the comparison between the current and historical financial performance and the evaluation of developing trends.
With reference to Financial Year 2021-22, consider the following statements:
1. China, UAE, US, Russia, and Saudi Arabia have a joint share...
Consider the following statements regarding bullion:
1) Bullion is a precious metal like gold or silver that is valued by weight and purity. <...
