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Let the sum invested be Rs. 'x' and rate of interest be r% p.a. Therefore, amount received = Rs. 5x Interest received = 5x - x = Rs. 4x Therefore, {(x X 2 X r)/100} = 4x Or, r = 200 Therefore, required rate of interest = 200% p.a.
What does ‘A’ stand for in CAMELs rating system?
Which of the following is true?
I. Small Industries Development Bank of India (SIDBI) is a central or apex institution for financing agricultu...
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers ...
“Where India Banks” is the tagline of ____________ .
Where is the Head Office of MUDRA Bank?
Which of the Following T-Bills is not issued at present?
Which of the following Bank was not nationalized in the First Phase of Nationalization of Banks?
How much penalty is to be paid by a person having more than one Permanent Account Number (PAN card)?
In 1921, three Banks were merged into one Bank i.e, Imperial Bank. They are:
Mutual funds are necessary to be registered with which of the following organisations?
