ECGC offers a series of credit risk insurance schemes for the Indian exporters against the losses incurred in the export of their goods and services. It also provides Export Credit Insurance covers to the banks and other financial institutions for enabling exporters to find better services from them. ECGC Ltd. (Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India, was set up in 1957.
Rs. 9,000 is invested in scheme ‘A’ offering simple interest of 20% p.a. and Rs. 6,500 in scheme ‘B’ offering simple interest of 8% p.a. What is...
An equal sum of money is invested in two schemes which offer interest at the same rate but one at simple interest and the other at compound interest (co...
The sum of four times of an amount ‘s’ and (s - 9.75) is ₹442. Find the approximate value of 's'?
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference betw...
A man deposited Rs. ‘x + 800’ at 12% per annum simple interest and earned Rs. 540 as interest after 2 years. Find the interest earned by him if he d...
A and B started a business with initial investments of Rs. 28000 and Rs. 35000 respectively. After one year, a profit of Rs. 10000 is earned. A being a ...
Rs. 10000 is invested in scheme ‘A’ for a year at simple interest of 29% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in...
A sum of ₹2,00,000 is invested for 3 years at a compound interest rate of 5% for the first year, 7% for the second year, and 10% for the third year. C...
Rs. 30,000 invested at simple interest of 8% p.a. yields the same interest after 3 years as Rs. 45,000 when invested at simple interest of 'y%' p.a. yie...
