A principal of ₹6000 is invested at a rate of 10% per annum. What is the difference between the simple interest and compound interest earned after 2 years?
Simple Interest = (6000 * 10 * 2) / 100 = ₹1200 Compound Interest: Amount = 6000 * (1 + 10/100) ² = ₹7260, so CI = 7260 - 6000 = ₹1260 Difference = CI - SI = 1260 - 1200 = ₹60 Answer: (B)
When was the Liberalized Remittance Scheme introduced?
Nation First Transit Card has been launched to provide seamless and convenient customer commuting experience and ensure easy digital ticketing fare paym...
Which Indian festival is anticipated to be the world's largest congregation in 2025?
_______ has signed a definitive agreement to acquire a 100 percent equity stake in ASAP Group, a German automotive engineering services provider, for Eu...
On 1st November, 2022 SpaxeX launched the Faclon Heavy rocket into Earth from which of these countries?
India has ______ LEED Zero certified projects, comprising 45 percent of the more than 150 total LEED Zero certifications, with Haryana and Tamil Nadu le...
Recently Indian Institute of Technology Madras (IIT Madras)-incubated firm has developed which Indigenous Mobile Operating System that can benefit India...
Which Indian telecom company has announced that it has collaborated with Meta Platforms, Inc. (Meta) to support the growth of India’s digital ecosyste...
What is the name of the assessment framework developed by Financial institution 1 Finance, which uses The Big 5 model to assess an individual's risk app...
RBI has currently completed the test phase under the regulatory sandbox cohort and was evaluated based on mutually agreed test scenarios and expected ou...