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Start learning 50% faster. Sign in nowThe Reserve Bank of India (RBI) has authorised Bandhan Bank as its agency bank for undertaking government businesses. It will allow the bank to undertake government businesses on behalf of the RBI. As an agency bank of the RBI, authorised to undertake government business, the bank will be able to handle transactions related to collection of state taxes and revenue receipts such as the GST and VAT; collection of stamp duty and pension payments on behalf of the central and state governments.
Two firms, X and Y, began a joint venture by investing in a ratio of 9:16. After six months, Firm Y withdrew its entire investment. At the end of the ye...
P started a business investing Rs.12000. After 3 months, Q joined her with the capital of Rs.18000. After another 6 months, R joined them with the capit...
Three individuals, R, S, and T, began a taxi service business with investments of Rs. (p-400), (p-1000), and (p+200), respectively. After four months, R...
A sum of ₹5000 is to be distributed among A, B, and C. A receives 2 times the amount received by B, and B receives 3 times the amount received by C. F...
A and B invested Rs.5000 and Rs.10000 in a business respectively and after 3 months B withdrawn 50% of his initial investment and again after 5 months h...
A and B together starts a business with investment of Rs. 800 and Rs. (x + 600), respectively. If the profit earned after 5 years is Rs.3200 and share o...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 28000 and after 3 months ‘Q’ joined h...
Raj invested Rs.45000 in a business. After 4 months, Rohan joins him with an investment of Rs.P. If at the end of the year the profit is Rs.65000 and pr...
Armaan, Malik, and Chinky collectively invested Rs. 1.05 lakh in a business. The investment ratios among them are such that Armaan's investment to Malik...
A and B started a business with investments in the ratio 11:10 respectively. After 10 months, C joined them with an investment 40% more than the ...
