Sum of money doubles, means interest is same as principal amount, Let Principal = P So, SI = P Amount = P + SI = P + P = 2P => A = P + (PRT/100) => 2P = P + (P×R×8)/100) => 200 = 100 + R × 8 => 100 = R × 8 => R = 12.5% According to the question, => 5P = P + (P×12.5×T)/100) => T = 32 years
In which year National Institute of Bank Management (NIBM) was established?
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Under the supports given to the States Governments, the Union government has provided __________ year interest-free loans to state governments under the...
Which bank received the highest rank in the RBI's 2023 list of Domestic Systemically Important Banks (DSIBs)?
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According to the April 2024 IFSCA Circular, which of the following types of trading is permitted for Remote Trading Participants (RTPs)?
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Which of the following term is not related to the banking industry?
