Get Started with ixamBee
Start learning 50% faster. Sign in now
The MCLR (Marginal Cost of Funds based Lending Rate) is the minimum lending rate below which a bank is not allowed to lend. The MCLR system superseded the previous base rate mechanism in determining commercial bank lending rates. The MCLR system uses marginal cost of funds, tenor premium, operating costs and cost of carry in CRR to determine the lending rate. The Reserve Bank has imposed a penalty of Rs 27.5 lakh on Punjab & Sind Bank for non-compliance with certain directions issued by it on external benchmark-based lending. A statutory examination of Punjab & Sind Bank revealed non-compliance with the directions, inter-alia, to the extent the bank linked certain floating rate retail loans and floating rate loans to micro and small enterprises, extended by it after October 1, 2019, to MCLR instead of an external benchmark.
In a colony, there are 90 APL families and 46 BPL families. Each APL and BPL family got blankets equal to 25% and 75%, respectively of total number of f...
A person gets an increment of x% on his monthly salary. Before increment, he use to spend 3x/2% of his income and saves the rest. His new expenditure is...
A person spent 34% of his monthly income on food and 33% of the remaining on rent. If amount spent on rent is Rs 1089, then find the amount spent on food.
Akshay, Vishal and Dipak purchased 2, 20 and 50 notebooks for a total of Rs 16, Rs 140 and Rs 400 respectively from a stationery shop. In his transactio...
In an election between two candidates, winner got 30% of total valid votes. If total number of votes cast were 1500 out of which 6% were invalid, then f...
A scored 40% marks and failed by 40 marks whereas B scored 70% marks, which was 80 more than the passing marks of the examination. Find the total marks ...
The marks scored by a boy in three subjects are in the ratio 3 : 5 : 7. Boy scored an overall aggregate of 70% in the exam. If the maximum marks in each...
In a two digit positive number, the digit in the unit’s place is equal to the square of the digit in ten’s place, and the difference between...
In a company, there are 450 employees. Out of these, 270 are men. If 60% of the women in the company are in the marketing department, and a total 137 me...
