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Amount in 2 years = 4000 amount in 4.5 years = 5500 interest received in 2.5 years= 5500-4000 = 1500 interest received in 1 year = 600 interest received in 2 years = 1200 amount = principal + interest amount received in 2 years = principal + 1200 4000 - 1200 = 2800 principal = 2800 interest = 600 Rate of interest = (600/2800) × 100 = 21(3/7)%
As far as the features of the Pradhan Mantri Vaya Vandana Yojana (PMVVY) goes, which of the following is true if the pensioner dies during the policy t...
According to the RBI guidelines on customer identification, which of the following transaction scenarios mandates customer due diligence (CDD) fo...
The Government of India has extended the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme beyond March, 2022 and added 3rd loan up to ______...
According to the Principles of Lending, which of the following is NOT a primary factor when granting loans?
Which European Union country became the 99th member of the International Solar Alliance?
Pradhan Mantri Vaya Vandana Yojana (PMVVY) was launched in ________ with an aim to protect elderly persons aged 60 years and above against a future fal...
What is the outstanding balance threshold for non-performing borrowal accounts that must be reported as willful defaults?
______ measures the sensitivity of an option to change in risk-free rates.
Which of the following correctly defines the term ‘monopsony’?
What is the maximum loan amount for education loans that can be obtained from banks as collateral-free loans?
