If Rs. 4000 becomes Rs. 5760 in 2 years at compound interest (compounded annually), then what is the annual rate of interest?
We can say that the value for rate of interest cab be taken as ‘r’ = 5760 = [4000 × (1 + (r/100))2] (5760/4000) = (1 + (r/100))2] 1.44 = (1 + (r/100))2] 1.2 = (1 + (r/100))] Hence the value for r will be = 20%
What percentage of priority sector lending did UCBs achieve in FY23, surpassing the RBI's target?
Recently Who has become the first ever woman director general of the Council of Scientific and Industrial Research ( CSIR) ?
The world's largest floating solar power plant will be built in which of the following states?
A tripartite agreement “Manipur super 50” has recently been signed between SBIF, NEIDO and ___?
What is one of the major threats identified in the International Rhino Foundation's 2023 report on the state of rhinos?
What is the height of the statue of Adi Shankaracharya unveiled by Madhya Pradesh Chief Minister Shivraj Singh Chouhan in Omkareshwar?
Which Indian telecom company has announced that it has collaborated with Meta Platforms, Inc. (Meta) to support the growth of India’s digital ecosyste...
Which of the following organizations have released the 2023 Employment Outlook?
To promote Ayurveda, a three-day event, Ayurveda Parv-2021 is being organised in?
According to budget 2023, how many tourism destinations have been selected for development?
