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Let monthly income = Rs. 100b Spending on education = 100b × 0.2 = Rs. 20b Spending on medical expenses = 100b × 0.35 = Rs. 35b Spending on leisure activities = (100b – 20b – 35b) × 0.15 = Rs. 6.75b Savings = 100b – 20b – 35b – 6.75b = Rs. 38.25b Now, 6.75b = 750 Or, 38.25b = 4250 Total interest paid by the bank deposit: = P × r × t = 4250 × 7 × 1/100 = Rs. 297.50 Amount = 4250 + 297.50 = Rs. 4547.50
What is the annual income threshold for households to qualify for collateral-free loans treated as microfinance loans?
Which type of insurance is not covered under the rule/contract of indemnity?
A penalty of ______ crore has been imposed on the ATM Manager of Tata Communications Payment Solutions Limited (TCPSL) by the Reserve Bank of India?
Who among the following has won a silver medal in the javelin throw at the first World Para Athletics Junior Championships in Nottwil, Switzerland?
Which of the following is NOT an example of a minor industrial region of India?
During the year 2020-21, India registered the highest increase in agricultural exports to which one of the following countries?
In what form will investors receive the Gold bonds under GS Act, 2006?
Which Logic Gate is known as Universal Gate?
Which of the following is India’s first web repository launched by The National Environmental Engineering Research Institute (NEERI) along with CSIR ...
Which of the following is NOT an example of manufacturing activity?