AIFs are Alternate Investment Funds. These are privately pooled investment vehicles collecting funds from sophisticated investors (Indian or foreign) and invest in accordance with the defined investment policy. Recently, SEBI approved the introduction of Special Situation Funds (SSFs) as a sub-category under Category-1 Alternative Investment Funds (AIFs). These can invest in only bad debt assets.
A company allowed 9% commission on the total sales made by the salesman and a bonus of 1% on the sales over Rs. 40000. If the salesman deposited Rs. 81...
Out of 800 students in school, 10% students like samosa only and 20% students like samosa and momos both. If 42% students don’t like any snacks then f...
In class ‘C’, the number of girls is 25% more than that of boys while in class ‘D’ the number of girls is 40% more than that of boys. If the tot...
In a village with a population of 2500, 20% of the residents do not have a bank account. Among those who do have a bank account, 40% are females. How m...
In an exam, Vaibhav scored 180 marks but fell short by 5% to pass. If he had scored 54 more marks, he would have passed by 4%. What is the passing perce...
A number N undergoes a two-step adjustment: first, it is increased by 20%, and then it is subsequently decreased by 10% of the new value. After these ad...
A candidate who gets 24% marks fails by 12 marks but another candidate who gets 46% marks gets 14% more than the passing marks. Find the maximum marks.
In a competition between two candidates, the victor secured 60% of the overall legitimate votes. Out of a total of 1800 votes cast, 5% were deemed inval...
The monthly salary of Harshita and Himani together is Rs.72225. The salary of Harshita and Himani is increased by 15% and 20% respe...