Question
A man invested Rs. 7,000 at simple interest of 'x%' p.a.
and received Rs. 14,000 after 2 years. If he had invested Rs. 80,000 at simple interest of 'x%' p.a. for 3 years, then find the interest earned by him from this investmentSolution
Total interest earned in 2 years = 14000 - 7000 = Rs. 7,000 ATQ; 7000 = (7000 × x × 2) ÷ 100 Or, x = 50 So, required interest earned = (80,000 × 50 × 3) ÷ 100 = Rs. 120000
Liquidity Adjustment Facility (LAF) tool in the country's monetary policy is the outcome of which Committee/Commission?
Which of the following can be defined as those that neither create any liability nor cause any reduction in the government's assets?
‘Mission Indradhanush’ launched by the Government of India pertains to?
‘SWAYAM’, an initiative of the Government of India, aims at
The upper limit for FDI in Insurance Sector is increate to ____ % from 49%.
Payment Banks in India are prohibited from performing which of the following activities?
When was the Asian Development Bank founded ?Â
Recently, 26th National Youth Festival was inaugurated in ____________.
The government has set an ambitious goal of achieving _________ of renewable energy capacity by the end of 2022.
Which of the following statements is/are true?
1. If increase in demand and supply are of equal magnitude, the price will remain unchanged, but t...