Question
What is the main purpose of the Government of
India's decision to increase the authorized capital of the Food Corporation of India (FCI)?Solution
The increase in authorized capital of FCI from Rs 10,000 Crore to Rs 21,000 Crore is aimed at enhancing the operational capabilities of FCI in fulfilling its mandate effectively, including procurement of food grains at Minimum Support Price (MSP), maintenance of strategic food grain stocks, and distribution to state governments and Union Territories (UTs). This move also aims to reduce the interest burden on FCI and ultimately positively affect the subsidy of the Government of India.
The income of ‘A’ increases by 20% every year. If his income 3 years hence from now will be Rs. 62208, then find his income a year before from now.<...
Rahul saves Rs. 5800 more if he spends 55% of his income instead of 75%. Find the savings of Sumit whose income is 20% more than that of Rahul, and spen...
The price of a commodity rises by 20% in the first year and an additional 15% in the second year. If the initial price was ₹2,000, what will be its pr...
- A coaching institute had 4800 students in 2019, out of which 55% were boys and the rest were girls. In 2020, the number of boys rose by 20% and the number ...
In an examination the percentage of students qualified with respect to the number of students appeared from school A is 75%. The number of students appe...
If A's salary is 60% more than B's salary, then by what percentage is B's salary less than that of A?
Shristi’s income is 20% less than Alka’s income, and their expenditure ratio is 2:3 respectively. Shristi and Alka save Rs. 22,000 and Rs. 23,000, r...
In a test consisting of 300 questions, Pooja answered 40% of the first 180 questions correctly. What number of the other questions does she require to a...
A boy lost his 25% of his money. After spending 30% of the remainder, he has Rs 1260 left. What money does he had initially?
The monthly income of B is 25% more than that of A. If the income of B is Rs. 42000 and A saves 40% of his monthly income, then find A’s expenditure.
Relevant for Exams:
