Question
As per section 7 of the Banking Regulation Act the
provisions of this section shall not apply to__________________Solution
Section 7. Use of words "bank", "banker", "banking" or "banking company": (3) Nothing in this section shall apply to-- (a) a subsidiary of a banking company formed for one or more of the purposes mentioned in sub-section (1) of section 19, whose name indicates that it is a subsidiary of that banking company; (b) any association of banks formed for the protection of their mutual interests and registered under section 25 of the Companies Act, 1956.
Aman uses 70% of his monthly earnings, resulting in monthly expenses of Rs. 22,750. Riva's savings are 60% higher than Aman's and constitute 40% of her ...
The value of A’s car is depreciating by 22% every year whereas the value of his house is appreciating by 16% each year as compared to the previous yea...
Suresh spends 30% of his monthly salary on travel, 40% of the leftover on food, and saves the remaining amount. If he saves Rs. 1680, find out how much ...
During a school council election, candidate X received 61% of the votes and beat candidate Y by a margin of 4,880 votes. Determine how many votes candid...
A company’s revenue increased by 20% in the first year and by 10% in the second year. If the revenue at the beginning of the first year was ₹1,00,00...
What is the value of √25% =?
By selling 36 m of jute, a shopkeeper gains an amount equal to the selling price of 12 m of jute. Find the gain percentage.
In a given years, A sold 2000 caps while B sold 55% more number of caps than A and C sold 20% less number of caps than B. Find the ratio between the num...
Out of her total income, Neha spent 40% on rent, 25% of the remaining income on groceries, and saved 55% of the income left after her expenses.
Suman spends 60% of her salary and gets an additional allowance of 15% every month. If her annual savings are Rs. 193200, find her monthly allowance.
Relevant for Exams:
