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amount received from this scheme which offer Interest at the rate of 12% per annum = (2500*0.12*8)+2500 = 4900 Amount received from the schemes, which offers interest at the rate of 16% per annum = (2500 *0.16 *8)+2500 = 5700 Amount received from this scheme, which offers interest at the rate of 15% per annum = ( 2500*0.15*8) +2500 = 5500 Therefore, total interest received = (4900+5700+5500)-2500*3 = Rs. 8600
The inaugural officeholder of the chairperson of State Bank of India was?
What is the primary function of the RBI?
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
What is the objective of the MoU between IFSCA and CPI?
Reliance Capital sold a 45% stake in listed subsidiary Reliance Home Finance for _______in the open market, a move that will improve recovery for lenders.
Which regulatory body oversees the securities market in India?
Consider the following statement about Urban Co-operative Banks (UCBs):
1. It refers to primary cooperative banks located in urban areas only.
Consider the following statement regarding co-operative credit societies:
1. The first known mutual aid society in India was probably the ‘Anyo...
Canara Bank was nationalized in which of the following year?
Which bank has entered into a co-lending partnership with Kisetsu Saison Finance (India) Private Limited, focusing on providing competitive MSME Loans &...
