Question
A man cycles to the market at a speed of 12 km/h and
returns at 16 km/h. If the total time taken for the entire journey is 1 hour and 5 minutes, what is the distance between his house and the market?Solution
Let the distance between his house and the market be βdβ km.
ATQ,
(d/12) + (d/16) = (65/60)
Or, (4d/48) + (3d/48) = (13/12)
Or, (7d/48) = (13/12)
So, d = (13 Γ 48) / (7 Γ 12) = 624 / 84 = 7.43
So, the distance between his house and the market = d = 7.43 km
Under large exposure disclosure guidelines, an institution must report its Top 10 largest exposures under what specific condition?
What does a higher Provisioning Coverage Ratio (PCR) directly indicate about a commercial banking institution?
Which of the following specific corporate entities is structurally excluded from the applicability of the Scheme under the NBFC criteria?
As per the BASEL Regulations, Banks shall maintain a minimum Pillar 1 Capital to Risk-weighted Assets Ratio (CRAR) of β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦...
What does the acronym LEI stand for in global financial regulations?
Which regulatory department of the Reserve Bank of India oversees the issuance and compliance of these LEI and UTI guidelines?
Under SARFAESI, a bank can initiate action only after the loan account is classified as:
Apart from direct consequential loss, the Ombudsman can award an additional compensation amount for loss of time, expenses, and mental anguish. What is ...
What forward-looking parameter represents the statistical likelihood of a borrower defaulting on an obligation over a specific time horizon?
How long is the mandatory written notice period that a bank must serve to a borrower under SARFAESI before enforcing its security interest?