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The FDI limit in insurance sector is currently 74%. A higher FDI limit would particularly benefit the long-term, capital-intensive life insurance business. Promoter companies need to continually invest to meet solvency requirements mandated by the regulator before the company starts generating profits. This means only deep-pocketed promoters can successfully enter and sustain operations in this sector.
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 15% p.a. for 2 years, is Rs. 90. If ...
A borrowed Rs. 9500 from B for his business. How much amount A will return to B at the end of 24 months such that the sum was borrowed at simple interes...
If the simple interest on a certain sum of money for 15 months at 3(1/2)% per annum exceeds the simple interest on the same sum for 9 months at 2(1/2)% ...
A sum of ₹5,000 is invested at 8% simple interest per annum for 3 years. After 3 years, the interest is reinvested at 6% compound interest for 2 years...
A certain sum is invested at an interest rate of 24% per annum, compounded annually, for 2 years, and the compound interest earned after this period is ...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2300 after 4 years. If the same amount is investe...
A sum of ₹12,000 is invested at a rate of 5% per annum for 3 years. What will be the total amount at the end of the investment period, including inter...
What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
A man invested Rs. 8,000 at simple interest of 'x%' p.a. and received Rs. 16,000 after 2 years. If he had invested Rs. 24,000 at simple interest of 'x%'...
Some amount out of Rs.12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amoun...
