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In October 2021, which of the following banks has become 1st Indian private sector bank to arrange a term Secured Overnight Financing Rate (SOFR) linked trade financing deal?
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?
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?
Which of the following statement/s is/are correct of floating Rate Notes?
1. These are debt instruments on which variable interest rate is payable.
2. The rate of interest is linked to a benchmark rate of interest and changes with the change in such bench mark rate of interest.
Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. What is the rate of interest? I. Sum A becomes double in 4 years when invested at a certain rate interest per annum. (Consider simple interest) II. Mamta invests Rs. 5000 for t years and sajan invests Rs 3000 for T years at same rate of interest. Ratio of interest earned is 4 : 7. (Consider simple interest) III. Sum S becomes quadruple when invested in compound interest for 2 years at a certain rate of interest per annum.
The question below is followed by statements I, II, and III. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The difference between the compound interest and simple interest on a certain sum at a certain rate of interest per annum for two years is 204.20. What is the amount received on the sum of compound interest at the same rate of interest at the end of three years. I. The difference between the compound interest and the simple interest on the sum for three years is 804.258. II. The sum becomes Rs. 14528 at the end of one year. III. The compound interest on the sum for two years is 7% more than the simple interest on the sum for two years.
A company recruits candidates satisfying the following criteria -  1. Candidates who secured at least 85% in standard 10th or equivalent. 2. Candidates who secured at least 65% in standard 12th or equivalent. 3. Candidates who are not from commerce background. Who among the following candidates will the company definitely select? A. Jitesh is a science student having scored 70% in standard 12th and 80% in 10th with an excellent sports background. B. Jignesh scored 80% in standard 12th, 90% in standard 10th and secured 2nd place in his college among all commerce students. C. Jayesh scored 75% in standard 10th, 75% in standard 12th and is an arts student. D. Jinesh secured 80% in standard 12th, 88% in standard 10th and is a science student with great acting skills
Following are the criteria for the selection of Civil Engineers in an organization: The candidate must - (i) have a B.E. or B. Tech from a recognized university with minimum 65% marks. (ii) have secured at least 50 % marks in the selection test. (iii) have secured at least 55% marks in the interview. (iv) not be less than 22 years and not more than 27 years of age as on 1.10. 2019. In case of a candidate who satisfies all other criteria except: a) At (i) above but has more than 2 years experience, the case may be referred to the General Manager, Recruitment. b) At (ii) above but have secured 75% and above marks in the selection interview, the case may be referred to the Sr,V.P. HR. Based on the above criteria and conditions, analyze and decide which of the following course of action should be taken for the candidate whose description is provided below. Please note that you are not to assume anything other than the given information. Amita Sachdeva, born on 20th October, 1992 secured 55% marks in BE final year She got 60% marks in both selection test and interview.
Study the following information carefully and answer the given questions. For a recruitment process in an ACCOUNTING organization, the candidates need to possess the following qualifications criteria: i) He/she must be a graduate in commerce with at least 60% marks. ii) He/she must be at least 24 years of age and not more than 40 years as of 1-7-2016. iii) He/she must have post-qualification work experience of at least 2 years. iv) He/she should have secured 55% marks in the selection process. However, if the candidate fulfills the above-mentioned criteria except: (A) at (i), and if the candidate is not a graduate in commerce but has a post-graduation degree in finance with a minimum of 60% marks, he/she should be referred to the Finance Manager of the organization. (B) at (iii), and if the candidate fulfills all the eligibility criteria of post-qualification work experience but has secured 75% marks in the selection process, he/she may be referred to the Trainee Accountant. Based on the above information, study carefully whether the following candidates are eligible for the recruitment process and mark your answer as follows. You are not to assume anything other than the information provided in each question. All the cases are given to you as of 1-7-2016. Snehlata’s date of birth is 6.2.1990. She has done her graduation and post-graduation in Commerce and secured 61% and 63% marks respectively. She has post-qualification work experience as a Senior Accountant of 3.5 years. She has secured 58.5% marks in the selection process.
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: The rupee may slump to a new low this year amid global policy uncertainties while domestic interest rates will remain elevated, raising borrowing costs, according to an ET poll of 20 market participants. Nearly three-fourths of the respondents believe the local unit could touch 69 to the dollar with some even pointing to 70 by December-end. The rupee is one of the worst-performing emerging market currencies this year, having lost about 6.7 per cent to the greenback to close at 68.13 on Monday. Courses of action: I. Indian corporates may borrow less ahead of elections with the likely benchmark rate at 8 per cent or more. Half the poll participants were of the opinion that the benchmark yield will either hover around that level or rise further. II. External factors coupled with domestic macro measures like weak current account deficit or fiscal deficit are likely to impact the rupee. The US Fed seems to be on course to raise rates.  III. Upcoming elections trigger a bit of policy uncertainty. A cocktail of factors including dollar strengthening, foreign fund outflows, general emerging market weakness and oil would continue to weigh on the rupee.