Question
The distance between city A and city B is 510 km. A
train leaves A at 6 a.m. at 60 km/h. Another train leaves B at 7:30 a.m. towards A at 90 km/h. When will they meet?Solution
Time gap = 1.5 hrs → Distance = 60 × 1.5 = 90 km
Remaining = 510 – 90 = 420 km
Relative speed = 150 km/h
Time = 420 / 150 = 2.8 hrs = 2h 48m
Meeting time = 7:30 a.m. + 2h 48m = 10:18 a.m.
What is the maximum loan amount under the 'Mudra' Shishu scheme?Â
In a Self-Help Group (SHG), the 'Corpus' of the group is primarily formed by:Â
'CIBIL Rank' for MSMEs (CIBIL MSME Rank) is provided on a scale of:Â
Regarding Letter of Credit (LC) and Bank Guarantee (BG):
1. LC is a primary payment mechanism used in trade.
2. BG is a contingent liabili...
A 'Hybrid' instrument is one that:Â
In case of securitization of standard assets, what is the Minimum Retention Requirement (MRR) for underlying loans of maturity – 24 months or less; ? ...
Under the Negotiable Instruments Act, 1881, which of the following is NOT a 'Negotiable Instrument' by statute?Â
Which of the following is not true about Pradhan Mantri Mudra Yojana?
1. Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’bl...
Under the prompt corrective action (PCA) framework, which of the following parameters is NOT monitored by the RBI?Â
What is the minimum paid-up equity capital required to set up a Small Finance Bank (SFB) as per current RBI norms?Â
