Let the sum invested be Rs. ‘P’ and rate of interest be ‘r’% p.a. So, the amount received at the end of 25 years = Rs. ‘3P’ So, interest earned = 3P-P = Rs. ‘2P’ ATQ. 2P = (P × r × 25) ÷ 100 Or r = 8% So, rate of interest = 8% pa
The new rupee symbol is presented by the Government of India in
The largest Private sector Bank in India (Branch wise) is
Any rupee note, which has a political slogan is not a legal tender as per.
Under SBI Act, 1959, how many associate banks of SBI were formed from 8 princely states ?
What is the term used for the practice of replacing relatively high cost debt with that of lower cost borrowing to take advantage of falling interest ra...
Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
___________ is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches.
Who is the chairman of the State Bank of India?
..................are a diverse set of institutions and markets that, collectively, carry out traditional banking functions--but do so outside, or in wa...
London Metal Exchange is owned by which one of the following?