The Reserve Bank had set up the Committee on the MIBOR Benchmark (Chairperson: Shri Ramanathan Subramanian) to review the Rupee interest rate benchmarks in the country, especially the usage of Mumbai Interbank Outright Rate (MIBOR), and to examine the need for transition to new benchmarks. Based on the recommendations, it is proposed to develop a benchmark based on the secured money markets (both basket repo and TREP) – the Secured Overnight Rupee Rate (SORR).
A started a business with an investment of Rs.1500. After some months, B joins the business with an investment of Rs.3600 and after two more months C jo...
If a sum of money is to be divided among A, B, C such that A’s share is equal to twice B’s share and B’s share is 8 times C’s share then their s...
A, B and C started a partnership with investment of Rs. X - 1200, Rs. X and Rs. X + 1800. If profit of B is invested in a scheme at the rate of 18% for...
A and B started a business by investing Rs.8000 and Rs.11000 respectively. After 6 months A withdrew 50% of his investment. If at the end of the year, p...
Rajiv, Sanju and Tanu started a business with the investment of Rs. (z-400), (z-1000) and (z+200) respectively. After four months, Rajiv decreased his i...
A and B entered into a business investing their capital in the ratio of 21:18, respectively and the respective ratio of time for which they made their i...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 26000 and after 4 months ‘Q’ joined h...
Paras and Punit started a business by investing Rs. 18,000 and Rs. 24,000 respectively. Paras also worked as the active manager and for that he is entit...
P and Q together started a business with initial investment in the ratio of 1:8, respectively. The time-period of investment for P and Q is in the ratio...
Rishi and Manu started a business with the investment of Rs. (z-6000) and (2z-7000). After 8 months of the start of business, Manu left it and Chintu jo...
