Question
An amount doubles itself on simple interest in 3 years.
What is the percent per annum rate of interest?Solution
3 years =2 times 3 years =2 times -1 3 years =1 Rate of interest =1/3) ×100 =33.33%%
Which of the following would NOT appear in a Cash Flow Statement?
A. Redemption of Debentures on maturity
B. Acquisition of Assets ...In an economy, households spend a larger proportion of every additional rupee of income on consumption rather than saving. As a result, each round of sp...
The Reserve Bank of India (RBI) recently revised the timeline for the completion of various stages of a Regulatory Sandbox (RS) to:
Which bank recorded the highest growth rate in total business among PSBs in FY24?
The ratio of change in the price of call option to the change in the price of the underlying stock is called:
How much did the Reserve Bank of India approve to transfer as a dividend to the Government of India for FY24?
The Reserve Bank of India - Digital Payments Index (RBI-DPI) comprises five broad parameters. Which of the following is NOT one of these parameters?
Calculate the Gross Profit Ratio based on the following data:
·       Total Sales: ₹3,60,000
·       Cost of Goods...
How are fictitious assets treated in the balance sheet under Indian GAAP?
As consumers’ income rises, the demand for branded packaged foods, eating out at restaurants, and premium clothing increases proportionately. The inco...
