Question
A builder employed 12 workers to complete a job in 18 days.
But after 8 days, 4 workers quit. How many more days will be required to complete the remaining work?Solution
ATQ,
Let the efficiency of each worker be 'e' units/day.
So, total work = 12 Ă— 18 Ă— e = 216e units
And work done in first 8 days = 12 Ă— 8 Ă— e = 96e units
So, work left = 216e - 96e = 120e units
Now, remaining workers = 12 - 4 = 8
So, time needed = 120e Ă· (8 Ă— e) = 15 days
Additional days = 15 - 10 = 5 days
Which of the following is also known as “systematic risk”?
The activities of the bank covering issue and underwriting of shares and debentures for its clients are known as:
What is the l imit on total exposure of an originator /lender to the securitization exposures belonging to a securitisation structure or scheme ?
As per Schedule III of the Companies Act, 2013, the current maturities of long term debt have to be shown under which of the following heading?
The economic value of a bank can be viewed as the sum of present values of the bank’s expected ________
As per the KYC related guidelines given by RBI, which of the following is required for conducting V-CIP (Video-Based Customer Identification Process)?
Which of the following is not true about Duration?
Under the Basel III norms, what is the minimum Capital to Risk-weighted Assets Ratio (CRAR) that banks in India are required to maintain?
The price of a forward or futures contract:
Which of the following is correct with respect to the conditions to be met for a third party’s customer due diligence to be accepted by an RE?