What is the key amendment in the provision regarding business credit cards issued by card-issuers to business entities/individuals for business expenses?
Inclusion of an effective mechanism to monitor end use of funds Explanation: The key amendment in the provision is the inclusion of a requirement for card-issuers to put in place an effective mechanism to monitor the end use of funds for business credit cards issued to business entities/individuals for business expenses.
At what percentage rate, compound interest compounded annually for a sum of ₹40,000, will amount to ₹44,100 in two years?
What will Rs. 40,000 amounts to in 3 years at the rate of 20% p.a., if interest is compounded yearly?
What will be the amount payable on Maturity of ₹2,250 invested for three years 20% p.a. interest compounded yearly?
A invest Rs. X at 10% compound interest for 3 years. If difference between the interest of 3rd year and 2nd year is Rs. 1210, find the value of X.
Mr. Kalra borrowed ₹1,55,000 to meet the expenses of his son's education. If the rate of interest is 12% per annum compounded annually, then how much ...
In what time will Rs. 25000 amount to Rs. 26530.20 @ 4% compound interest payable half-yearly?
Find the compound Interest on Rs. 16,000 @15 % p.a for 2 years 4 month Compounded annually?
A certain sum invested at compound interest of 10% p. a compounded annually, returns Rs. 6292 after 2 years. If a 20% greater sum is invested at a simpl...
Avantika gets a SI of Rs.4800 on a certain principal at the rate of 6%p.a. in 4 years. What CI will she get on twice the principal in two years at the ...
