ATQ, Interest earned from SIP 'A' = 24000 × {(1.2)3 – 1} = Rs. 17,472 Interest earned from SIP 'B' = 18600 × 0.3 × 3 = Rs. Rs. 16,740 Required interest = 17472 + 16740 = Rs.34212
In which of the following cases lifetime credit losses will be the correct choice for computing ECL:
I.Financial assets with no significant incre...
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is one of the major Schemes of Government of India to protect the interest of the Senior citizens. What is t...
Which of the following statements about health insurance in India is/are correct?
1) The Ayushman Bharat Yojana is a health insurance scheme f...
Collateralized Borrowing and Lending obligation is a money market instrument for the benefit for entities not having access to the interbank call money ...
Commission received in advance is of the nature of
What does ‘C’ in LCR stand for?
Who chaired the committee to examine the aspects of the digital public infrastructure for the Digital Payments Intelligence Platform?
Compared to investing in a single security, diversification provides investors a way to:
Keeping in view welfare of the beneficiaries and in order to maintain uniformity across the States, free foodgrains will be provided under PMGKAY for t...
Name the risk which arises when bank’s image is not good and that leads to public’s loss of confidence in the bank.
