Question
What was the main objective of the Industrial
(Development and Regulation) Act, 1951 in India?Solution
The Act provided for the regulation of the manufacturing, production, and distribution of goods in industries that were deemed to be of national importance. The main objective of the Act was to ensure that these industries developed in a planned and controlled manner, and that they contributed to the overall economic growth of the country.
Ankit invested a total of Rs. 63,000 between two SIPs: 'P', offering 10% compound interest compounded annually, and 'Q', offering 12% simple interest pe...
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A man invested certain sum at simple interest of r% p.a. such that it amounts to 140% of itself in 2 years. Find the interest earned when Rs. 3200 is in...
A sum of ₹8,000 is invested at 10% per annum simple interest  for 2 years . What is the simple interest  earned?
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