According to question; 1.16 × 1.16 × P = 9419.2 Or, P = Rs. 7000 Desired interest = 0.16 × 7 × 7000 = Rs. 7840
Which is NOT correct about Financial Inclusion Fund?
A scheduled commercial bank is one -
Cost or expenses must be recorded at the same time as the revenue to which they correspond is specified by which principle?
A dollar denominated instrument, tradable on stock exchange in Europe or private placement in USA, representing one or more shares of the issuing compa...
Which of the following is NOT true about microfinance?
i. These loans are unsecured loans of Upto Rs. 1 lakh mostly given following group len...
RBI recently noticed misleading advertisements of unauthorised Electronic Trading Platforms (ETPs) offering forex trading facilities to Indian residents...
Which of the following is not one of the functions of Banks Board Bureau?
I- providing assistance to Public Sector Banks to restructure their ...
Securities with the combination of characteristics of debt and equity securities are known as
Which of the following approach is not used for assessment of Operational Risk in Basel II?
i. Internal Rating ...
Which of the following is a ratio used to know the solvency of a business?
