Question
A sum becomes Rs 11,500 from Rs 10,000 in 3 years at
simple interest. Find the rate of interest per annum.Solution
SI = 11,500 − 10,000 = 1,500 Rate R = (SI × 100)/(P × T) = (1500 × 100)/(10000 × 3) = 150000/30000 = 5%
The 'Basel III' framework primarily focuses on:
The process of converting a physical cheque into an electronic image for faster processing is called:
The process by which a bank converts the cheques and other instruments deposited by customers into cash is known as:
Which of the following is a tool for managing interest rate risk?
The CAMELS rating system, used for bank supervision, does NOT include the factor:
What is required for conducting V-CIP (Video-Based Customer Identification Process)?
When REs use Aadhaar for customer verification in offline mode, what is mandatory according to RBI guidelines? Â
The "Basle III" norms primarily focus on:
The process by which a central bank influences the money supply and interest rates by buying and selling government securities is known as:
The maximum insurance coverage provided by DICGC per depositor per bank is:
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