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Find out which underlined part of the following sentences has an error. The prime rate is the interest that a bank will "charge" when "it" "borrows" money to "its" best clients. "No Error"

Find out which underlined part of the following sentences has an error. The prime rate is the interest that a bank will "charge" when "it" "borrows" money to "its" best clients. "No Error" Correct Answer borrows

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Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relationship between the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. Quantity 1: An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes. Quantity 2: A sum of Rs. 725 is lent at the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest? Quantity 3: The difference between the compound interest and the simple interest on an amount of 15000 for 2 years is Rs. 96. What is the rate of interest per annum?
Priya and khushi invested Rs.3000 together. Priya invested her amount at compound interest for ‘x/10’ years at x% rate interest and khushi invested half of her amount at compound interest and remaining half at simple interest at the same rate of interest for the same time period. [It is given that ‘x/10’ is a natural number] What is the value of ‘x’? Statement I: Ratio of investment of priya and khushi is 1 : 2 respectively and total sum received by them together after a particular time at x% rate of interest is Rs. 4280. Statement II: Simple interest received by khushi is Rs. 40 less than compound interest received by her. Statement III: Sum of simple interest and compound interest received by khushi after a certain time at x% rate of interest is Rs. 2500 Which of the above statement is redundant to find the answer of the given question?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: With just two days to go for the second edition of Amazon Prime Day, the e-commerce giant has been keeping its loyalists busy with a seven-day entertainment marathon. Started on July 10 with the release of Amitabh Bachchan starrer '102 Not Out', Amazon has been dropping one title every day for its Prime members. With Video and Music, Amazon clearly wants to showcase that Prime day is not merely about products. Courses of action: I. Building on the success of its previous sales, Amazon is gearing up for a bigger event, with extra perks for its Prime members in the form of quality video and music content - and not just early access and quicker deliveries. II. Started on July 3, Prime members who play three songs from the millions on Amazon Prime Music stand a chance to win an Echo Dot every day, with two winners announced daily. III. With Raazi and Transformers: The Last Night slated for release in the next two days, members already have access to Dunkirk, Telugu hit Officer as well as Prime Original show, Comicstaan - a reality TV show to find India's next stand-up comedy star.
Bank lent out some amount to P on compound interest calculated half-yearly at the rate of interest 10% for a year. P lent out same money on compound interest calculated annually to his friend at the same rate of interest for the same time period. He has Rs. 10 loss in this transaction. At what rate of interest he should lend out money on compound interest calculated annually for a year to earn Rs. 190 as a profit?
Consider the following Statements:  I. Bank rate is the rate of interest which RBI charges its clients on their short-term borrowing. II. Repo rate is the rate of interest which RBI charges its clients on their long-term borrowing. Which of the statements given above is/are correct?
A money lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum compound interest compounded half yearly and receives the interest at the end of the year. In this way, he gains Rs. 104.50, a year. The amount of money be borrows, is ?
Prashant invested Rs. 25, 000 for 2 years in bank A which offers 20% p.a. compound interest compounded annually. He also invested the same amount of money in bank B for the same time at a certain rate of simple interest. Interest received by him from bank A is twice of that received from bank B. Find the rate of interest offered by bank B?
A, a bank officer, got compulsorily retired in 2014. Since the bank authorities did not release the leave encashment in his favour, he filed writ petition WP 2001 (W) of 2017 in Ranchi High Court for the same and also for the interest on the unpaid amount. The writ petition was disposed of by a learned Single Judge in December 2018 directing the bank to release the privileged leave encashment benefits to the petitioner to the extent he was entitled to in accordance with law within a certain period. The prayer for interest was not specifically denied by the court. The bank filed an appeal against the order. The Division Bench of Ranchi High Court in February, 2019 declined to admit the appeal. The bank authorities released the leave encashment in favour of the petitioner. However, A files a writ petition again for a direction to the bank to disburse interest to A at the rate of 18% per annum on leave encashment released by the bank. This petition is covered under which of the following?
Rajesh borrows money at 4% per annum and pays the interest at the end of the year? He borrows it at 6% per annum compound interest compounded half yearly and receives the interest at the end of the year. In this way, he gains Rs. 104.50, a year. What is the amount of money being borrowed?