Question
What is the minimum required Net Owned Fund (NOF) for
Asset Reconstruction Companies (ARCs) by March 31, 2026?Solution
ARCs are required to achieve a minimum NOF of ₹300 crore by March 31, 2026, as per the Master Direction by the Reserve Bank of India.
The income of Tina is Rs.24000 and she saves 15% of her income. The savings of Kajal is Rs.2000 more than that of Tina and she spends 60% of her income....
A person marks his goods 40% above the cost price. He sold 30% of goods at marked price, 60% of the remaining at a discount of 20% and remaining at 40% ...
A spent 30% and 20% of his monthly salary on food and rent, respectively. Of the remaining amount, he gave 21% and 14% to his mother and brother, respec...
- Income of Arjun is 70% more than that of Tarun. Arjun saves 50% of his income, Tarun saves 30%. If their expenditure difference is Rs. 1050, what are Arjun...
A teacher distributes 300 toffees among her 4 students, A, B, C and D. A gets x% of total toffees, B receives 2x% of the remaining toffees, C receives (...
- In a university with 5200 students in 2022, 60% were female and the rest male. In 2023, the number of females rose by 25%, while the number of males droppe...
'M' allocates 20% of his income to food and 40% of the remaining amount to rent. The expenditure on education is three times higher than his savings, wh...
A and B are two numbers. Their average is 360, and the sum of A and B is 140% of A. What percentage of A is the difference between A and B?
Rajesh spent 45% of his monthly income on food and 55% of the remaining of study. If total monthly savings (after spending on food and study) of Rajesh ...
In an examination, Aman secured 40% more marks than Bittu, while Bittu scored