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Start learning 50% faster. Sign in nowThe Reserve Bank of India (RBI) extended the timeline for implementation of certain provisions of the master directions it issued on issuance of debit cards and credit cards by three months from July 1, 2022 to October 1, 2022. In the master directions issued, RBI had said card issuers will have to seek one-time password (OTP)-based consent from the cardholder for activating a credit card, if the same has not been activated by the customer for more than 30 days from the date of issuance. If no consent is granted by the customer, card-issuers will have to close the credit card account without any cost to the customer within seven working days from the date of seeking confirmation from the customer.
A and B enter into a partnership with their initial sum of Rs.35000 and Rs.45000 respectively. After 6 months, a third person C also joins them with his...
‘P’ started a business by investing Rs. 1,500. Six months later, ‘Q’ joined him by making an investment which is equal to 80% of the investment ...
M and N started a business by investing Rs.4000 and Rs.5000 respectively. After 7 months, M and N increased their investments by 30% and Rs.2400 respect...
Asmita and Bittu jointly started a business, investing Rs.2,400 and Rs.3,000, respectively. After 3 months, Chikku joined them with an investment of Rs....
Palash invest twice the sum invested by Vicky and withdraws half of the sum after 3 months and again withdraws half of the remaining sum after 3 months....
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 6 times C’s share then their s...
Amit, Bittu, and Chinky initiated a business venture with investments in the proportions of 8:10:9, respectively. Their shares of the profit were distri...
