The interest earned on investing Rs. 5000 for 2 years at the rate of 20% p.a., compounded annually, is used to purchase an article. If the article is later sold at 10% profit, then find the selling price of the article.
Compound interest earned = 5000 × {1 + (20/100)}2 – 5000 = 7200 – 5000 = Rs. 2200 So, selling price of the article = 2200 × 1.1 = Rs. 2420
Which section of the Companies Act 2013 deals with the provisions of Corporate Social Responsibility?
Calculate Debt ‐ Equity
PM SVANidhi allows street vendors to avail an initial loan of ___________.
Assignment of any responsibility or authority by a supervisor to a subordinate for carrying out specific activities, is called?
Sarfaesi action cannot be imposed if ____________.
The contributions of additional amount of Rs.50,000 towards NPS is allowed deduction under which section of the Income Tax Act?
NBFCs in India are companies that are registered under which of the following Act?
Small Finance Banks’ (SFB) major goal is to promote and provide banking services to the underbanked and underprivileged segments of society, the prope...
Which of the following reasons prompted India to liberalize its economy?
I- high combined deficit of the central and state governments
II-...
Which of the following private sector bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its ...
