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Let the salary be Rs.100x. Salary spent on entertainment and makeup together = 30% of 100x = 30x Salary spent on food = 20% of (100x – 30x) = 14x Remaining salary = 70x – 14x = 56x Salary invested in mutual funds = 50% of 56x = 28x Amount she spent on clothing = 6000 × (28x/30x) = Rs.5600
What is the main function of an advising bank in a documentary credit transaction?
Which of the following organizations is responsible for the development and management of GIFT City?
TULIP is a platform to provide internships to students and graduates in ULBs, Smart Cities, etc. What does the “I” stand for in TULIP?
As per FEMA maximun amount a resident individual can pay in India, for meeting of medical expense of a NRI close relative is __
Which of the following is/are the eligibilities to participate in the Pradhan Mantri Shram Yogi Maan-Dhan Yojana?
Which of the following strategies involves a company buying back its own shares from the market, potentially increasing the value of remaining shares?
The RBI will develop a new interest rate benchmark based on secured money markets. Which of the following is the proposed new benchmark rate?
Under the Pradhan Mantri Mudra Yojana (PMMY), collateral-free institutional credit up to _________ is provided by Member Lending Institutions (MLIs).
What is the primary distinction between factoring and forfaiting?