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Compound interest earned in 2 years = 6000 times; [(1.40)^2 ndash; 1] = 0.21 times; 6000 = Rs. 1260 Let the rate of simple interest is R% According to question, (6000 times; R times; 2)/100 = 1260 120 times; R = 1260 R = 10.5%
Which of the following cities is ranked as the No. 1 Global Financial Centre in the world as per the
Global Financial Centres Index 32 released ...
The process of analyzing and assessing the creditworthiness of a borrower is known as:
The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) is an old-age pension scheme aimed at providing financial support to small and marginal farmers. Howev...
What is the term used to describe a statistically generated number that reflects an individual's creditworthiness?
Under which section of the Banking Regulation Act did the Reserve Bank of India (RBI) issue directions to Paytm Payments Bank?
ABC Ltd reported a decline in the creditors as cash was paid to them. What will be the impact of this on the RoE and RoA of ABC Ltd?
From the following information calculate the amount of sales to earn a desired profit of Rs.12,000
Fixed Cost: 24,000
Selling Price: 10 pe...
The production planning department prepares a list of materials and stores required for the completion of a specific job order, this list is known as:
Which institutions are considered National Development Banks (NDBs) under the Net Stable Funding Ratio (NSFR) framework?
_______________ mean a company incorporated in India seeking to raise capital in foreign currency other than Indian rupee which has obtained requisite a...