Hyderabad: This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some previous year questions and answers along with explanations on the Simple Interest and Compound Interest topic. 1. A bank lends Rs.30,00,000 to a person P at 12.5% simple interest and Rs.10,00,000 to another […]
Hyderabad: This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some previous year questions and answers along with explanations on the Simple Interest and Compound Interest topic. 1. P lends Rs 15,000 to Q for a simple interest 8% per annum and Q lends […]
Hyderabad: This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some practice questions and answers along with explanations on the Simple Interest and Compound Interest topic. 1. A sum of money put at compound interest amount to Rs 672 in two years and to […]
Hyderabad: This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some practice questions and answers along with explanations on the Simple Interest and Compound Interest topic. 1. Arun lent Rs 600 to Varun for 2 years and Rs 150 to Tarun for 4 years […]
Hyderabad: This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some practice questions and answers along with explanations on the Simple Interest and Compound Interest topic. 1. A sum of money at compound interest amounts to thrice itself in three years. In how many […]
Hyderabad: This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some practice questions and answers along with explanations on the Simple Interest and Compound Interest topic. 1. If Rs 5,800 are divided into two parts, such that the simple interest obtained on the first […]
Hyderabad: This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some practice questions and answers along with explanations on the Simple Interest and Compound Interest topic. 1. On what sum will be simple interest amount to Rs 400 after 8 months at 5% per […]
This article is in continuation to the last article on preparation for the Sub-Inspector of Police recruitment exam. Here are some practice questions and answers along with explanations on the Simple Interest and Compound Interest topic. When a person borrows some money from another person, the lender has to sacrifice his present needs. So lender […]
The RBI on March 27 last year announced a loan moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020, due to the pandemic.
New Delhi: The Centre has told the Supreme Court that going any further than the fiscal policy decisions already taken, such as waiver of compound interest charged on loans of up to Rs 2 crore for six months moratorium period, may be “detrimental” to the overall economic scenario, the national economy and banks may not […]
It said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.
