Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India. · The Bonds are issued in denominations of one gram of gold and in multiples thereof. · The Bonds bear interest at the rate of 2.50 per cent (fixed rate) per annum on the amount of initial investment. · The tenor of SGBs is 8 years , with exit options available in the 5th, 6th, and 7th years. · the redemption price shall be based on simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewelers Association Limited.
A tank can be filled by a tap in 10 minutes and by another tap in 30 minutes. Both the taps are kept open for 5 minutes and then the first tap is shut o...
The work done by a man, a woman and a child are in the ratio of 4 :3: 1. There are 15 men, 20 women and 30 children in a factory. Their weekly wages amo...
Pipe 'A' can fill a water tank in 6 hours, while pipe 'B' requires 8 hours to do the same. When a third pipe, 'C', also contributes, the tank is filled ...
Tap ‘A’ and tap ‘B’ can fill a tank in 42 hours and 30 hours, respectively. If both taps are opened together, then find the time after which tap...
Tap A can fill a tank in 10 hours. Tap B can fill 12.5% part of the same tank in 5 hours, whereas Tap C can alone empty a tank in ‘x’ hours. 2/5 par...
There are three taps with diameters of 3cm, 4cm, and 5cm respectively. The ratio of the water flowing through them is equal to the ratio of the square o...
Pipe ‘A’ can fill 25% of a tank in 3 hours while pipe ‘B’ takes 30 hours to empty fully filled tank. Pipe ‘A’ is opened alone when the tank ...
Pipes A and B can fill an empty tank in 20 hours and 24 hours, respectively, while pipe C can drain the full tank in "x" hours. If all three pipes (A, ...
A Tank has two pipes one can fill it with water in 16 hours and other can empty it in 10 hours. In how many hours will the Tank be emptied if both the p...
A pump can fill a tank with water in 2 hours. Because of a leak in the tank it was taking 7/3 hours to fill the tank. The leak can drain all the water o...
