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Let monthly income = Rs. 100y Spending on rent = 100y × 0.25 = Rs. 25y Spending on groceries = 100y × 0.4 = Rs. 40y Spending on entertainment = (100y – 25y – 40y) × 0.15 = Rs. 5.25y Savings = 100y – 25y – 40y – 5.25y = Rs. 29.75y Now, 5.25y = 900 Or, 29.75y = 5100 Total interest paid by the fixed deposit: = P × r × t = 5100 × 8 × 1/100 = Rs. 408 Amount = 5100 + 408 = Rs. 5508
Sustainable Development can be termed as the practice of saving natural resources for the ________.
Which of the following central bank is not the members of the Asian Clearing Union?
A Management Information System (MIS) is an integrated user-machine system for providing information to support decision making functions in an organisa...
The global demand for electric vehicles (EVs) has been steadily increasing due to growing environmental concerns and government incentives. However, the...
Which one of the following statements is true Cooperative Banking?
An analyst who is interested in a company’s long-term solvency would most likely examine the:
As per the provisions of the SARFAESI Act, if the borrower fails to comply with the notice, the Bank may:
The country’s retail inflation had crept above the RBI’s tolerance range in January 2022. It remained above the target range for ten months before r...
Which of the following is the Trustee bank under the NPS structure?
How many Post Offices will be on-boarded Core Banking System as per Union Budget 2022-23?