Question
A cyclist usually takes 6 hours
to cover 240 kilometres. Find the time taken by the cyclist to cover the same distance if he travels at 25% of his usual speed.Solution
ATQ, Usual speed of the cyclist = (240/6) = 40 km/h New speed of the cyclist = 0.25 × 40 = 10 km/h New time taken = (240/10) = 24 hours Alternate Solution: Let the usual speed of the cyclist be 10x km/hr. Therefore, decreased speed = 2.5x km/hr Since the distance covered is the same and time taken is inversely proportional to the speed: Ratio of time taken with usual speed to time taken with reduced speed = 6:24 = 1:4 Required time taken = 6 × (4/1) = 24 hours
The CAMELS rating system, used for bank supervision, does NOT include the factor:
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
A bank finds it difficult to repay the short term deposits on maturity because the funds of the bank are locked in ____
When REs use Aadhaar for customer verification in offline mode, what is mandatory according to RBI guidelines? Â
Which of the following is a tool for managing interest rate risk?
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
A borrower has defaulted on a term loan for over 90 days. The bank categorizes the account as an NPA. Later, the borrower partially repays the overdue a...
What is the primary role of the Central KYC Records Registry (CKYCR)? Â
InsureCo writes a portfolio of 12-month fire insurance policies on 1 Oct (policy year Oct–Sep). Premiums are received upfront. Historical claims are s...
The process by which a central bank influences the money supply and interest rates by buying and selling government securities is known as:
Relevant for Exams:
