Question
3.55% of 8120 – 66.66% of 540 = ? – 28% of
5500 What approximate value should come in place of the Question mark (?) in the given equation.Solution
3.55% = 3.55/100 = .0355 = 1/29 (approx) 66.66% = 66.66/100 = 2/3 => 8120 × 1/29 - 540 × 2/3 + (28 ×5500)/100 = 280 – 360 + 1540 = 1460
What is the requirement for the implementation of Core Banking Solution (CBS) for a UCB to be classified as FSWM?
Recently RBI approved five banks to work with it on a pilot project for its digital currency -- the Digital Rupee, which of the following is not in the ...
With project cost of Rs.300 lakh and cost of capital at 12%, the estimated profits over its lifetime of 5 years are Rs.10 lakh, Rs.10 lakh, Rs.30 lakh, ...
Which of the following office is/are designated as Stand-Up Connect Centres to arrange the support that is needed under the Stand Up India programme?
Under the Liberalised Remittance scheme (LRS), the received/ realised/ unspent/ unused foreign exchange, unless reinvested, shall be repatriated and sur...
What is a 'balloon payment'?
The Annual Financial Statement distinguishes the expenditure on which of the following account from the expenditure on other accounts, as is mandated in...
Which method is a common accounting method of depreciation wherein an asset’s value depreciates at twice the rate it would under straight-line depreci...
Total debt service cost implies which among the following?
Which Indian NBFC was selected for the FATF Mutual Evaluation report 2023-24?Â