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Under the aegis of Pradhan Mantri Mudra Yojana (PMMY), MUDRA has created products/ schemes. The interventions have been named 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth/development and funding needs of the beneficiary micro unit/entrepreneur and also provide a reference point for the next phase of graduation/growth to look forward to : Shishu: covering loans up to 50,000/- Kishor: covering loans above 50,000/- and up to 5 lakh Tarun: covering loans above 5 lakh and up to 10 lakh
After how many years, Rs. 4400 will become 5324 at the rate of 10% p.a., compounded annually?
A sum is lent on compound interest for 2 years at 12% p.a. If the compound interest on the sum is Rs.4579.2, find the sum.
Rohit invested Rs. ‘x’ and Rs. ‘y’ in Scheme A and Scheme B respectively. He invested in Scheme A for 5 years at a simple interest rate of 6% p....
Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 af...
Raghav has made financial investments in two different Gold Schemes. In Gold Scheme P, he invested a certain amount denoted by 'a' for 2 years with an a...
Akshay invested Rs. 1950 in two schemes P and Q in the respective ratio of 8:5. Scheme P and Q are offering simple interest at the rate of 8% per annum ...
Ravi invests Rs. 2,000 on simple interest at 'a%' p.a. for 4 years and earned an interest of Rs. 800. His friend Vinay invests Rs. 4,800 on simple inter...
A sum of Rs. 25600 is divided between 'Meera' and 'Nisha' in the ratio 9:7. If 'Nisha' invests her share in a scheme offering com...
Simple interest earned on an amount of Rs. 1000 at rate of R% per annum after 4 years is Rs. 200. Find the simple interest earned on an amount of Rs. 16...
A certain sum of money invested at R% p.a. simple interest amounts to Rs.17760after 4 years and Rs.22080after 7 years. If the same sum of money is inves...