Payments bank of the postal department will have how much corpus at the beginning? A) Rs 900 crore B) Rs 600 crore C) Rs 1000 crore D) Rs 800 crore E) Rs 700 crore

Payments bank of the postal department will have how much corpus at the beginning? A) Rs 900 crore B) Rs 600 crore C) Rs 1000 crore D) Rs 800 crore E) Rs 700 crore
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D) Rs 800 crore Explanation: The payments bank of eth department will be functional by March 2017. It is one of the 11 applicants which got in principle approval to set up payments bank in the country.
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A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then Rs. 64 more would have been obtained. What is the sum? (a) Rs.600 (b) Rs.700 (c) Rs.800 (d) Rs.900

Description : A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then Rs. 64 more would have been obtained. What is the sum? (a) Rs.600 (b) Rs.700 (c) Rs.800 (d) Rs.900

Last Answer : (c) Rs.800

If +0.8% grade meets -0.7% grade and the rate of change of grade for 30 m distance is 0.05, the length of the vertical curve will be (A) 600 m (B) 700 m (C) 800 m (D) 900 m

Description : If +0.8% grade meets -0.7% grade and the rate of change of grade for 30 m distance is 0.05, the  length of the vertical curve will be  (A) 600 m  (B) 700 m  (C) 800 m  (D) 900 m

Last Answer : (D) 900 m

The seed capital of Bharatiya Mahila Bank is ________ A. Rs.5000 crore B. Rs.1000 crore C. Rs.500 crore D. Rs.100 crore E. None of the above

Description : The seed capital of Bharatiya Mahila Bank is ________ A. Rs.5000 crore B. Rs.1000 crore C. Rs.500 crore D. Rs.100 crore E. None of the above

Last Answer : B. Rs.1000 crore Explanation: Bharatiya Mahila Bank (BMB) is an Indian financial services banking company based in New Delhi, India. India is the third country in the world to have a bank especially for women, after Pakistan and Tanzania.The Bank‘s initial capital consists of Rs 1,000 crores.

Compact Disk (CD) is portable disk having data storage capacity between____: a) 650 - 700 MB b) 700 - 800 MB c) 800 - 900 MB d) None of These

Description : Compact Disk (CD) is portable disk having data storage capacity between____: a) 650 - 700 MB b) 700 - 800 MB c) 800 - 900 MB d) None of These

Last Answer : a) 650 - 700 MB

Micro Units Development Refinance Agency (MUDRA) has a corpus of _______, and credit guarantee corpus of ________ A. Rs 25,000 crore and Rs.3,000 crore B. Rs 20,000 crore and Rs.4,000 crore C. Rs 15,000 crore and Rs.4,000 crore D. Rs 20,000 crore and Rs.3,000 crore

Description : Micro Units Development Refinance Agency (MUDRA) has a corpus of _______, and credit guarantee corpus of ________ A. Rs 25,000 crore and Rs.3,000 crore B. Rs 20,000 crore and Rs.4,000 crore C. Rs 15,000 crore and Rs.4,000 crore D. Rs 20,000 crore and Rs.3,000 crore

Last Answer : D. Rs 20,000 crore and Rs.3,000 crore Explanation: The bank will have an initial corpus of Rs 20,000 crore and a credit guarantee fund of and Rs.3,000 crore. The bank will initially ... as a non-banking financial company and a subsidiary of the Small Industries Development Bank of India (SIDBI).

Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______ A. Rs 300 crore and Rs 100 crore B. Rs 350 crore and Rs 50 crore C. Rs 200 crore and Rs 100 crore D. Rs 100 crore and Rs 50 crore

Description : Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______ A. Rs 300 crore and Rs 100 crore B. Rs 350 crore and Rs 50 crore C. Rs 200 crore and Rs 100 crore D. Rs 100 crore and Rs 50 crore

Last Answer : A. Rs 300 crore and Rs 100 crore Explanation: National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued in ... dimension and operate on high volume resulting payment services at fraction of the present cost structure.

Calculate: a. Mass flow rate in lb/hr. b. The velocity at section 2 in fps  a. 800,000lb/hr;625ft/s  b. 900,000lb/hr;625 ft/s  c. 888,000lb/hr;269 ft/s  d. 700,000lb/hr;269 ft/s m = A1V!/V1

Description : Calculate: a. Mass flow rate in lb/hr. b. The velocity at section 2 in fps  a. 800,000lb/hr;625ft/s  b. 900,000lb/hr;625 ft/s  c. 888,000lb/hr;269 ft/s  d. 700,000lb/hr;269 ft/s m = A1V!/V1

Last Answer : 900,000 lb/hr;625 ft/s

A daily intake of ____ calories has been established as the daily reference value (DRV). a. 1,700 c. 1,900 b. 1,800 d. 2,000

Description : A daily intake of ____ calories has been established as the daily reference value (DRV). a. 1,700 c. 1,900 b. 1,800 d. 2,000

Last Answer : d. 2,000

The calories provided by 100 grams of oil is: a. 700 Kcal b. 800 Kcal c. 900 Kcal d. 990 Kcal

Description : The calories provided by 100 grams of oil is: a. 700 Kcal b. 800 Kcal c. 900 Kcal d. 990 Kcal

Last Answer : c. 900 Kcal

A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Description : A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Last Answer : (C) 800

Production at 60% activity is Rs 600 units, if flexible budget needs to be calculated at 80% activity what will be units produced? a) Rs 800 b) Rs 600 c) Rs 1200 d) Rs 1000

Description : Production at 60% activity is Rs 600 units, if flexible budget needs to be calculated at 80% activity what will be units produced? a) Rs 800 b) Rs 600 c) Rs 1200 d) Rs 1000

Last Answer : a) Rs 800

Which rate is the greatest 800 miles per 16 hours 1500 miles per 50 hours 600 miles per 15 hours or 900 miles per 20 hours?

Description : Which rate is the greatest 800 miles per 16 hours 1500 miles per 50 hours 600 miles per 15 hours or 900 miles per 20 hours?

Last Answer : Convert them all to the same per x hours and then compare them.You can either convert them all to unit rates (x = 1) or some otherrate (eg lcm of 16, 50, 15 and 20).I'll use unit rates:800 miles ... 800 miles per 16 hours > 900 miles per 20 hours > 600miles per 15 hours > 1500 miles per 50 hours.

How many voice band channels are there in a superjumbo group? A. 600 B. 900 C. 10,800 D. 3,600

Description : How many voice band channels are there in a superjumbo group? A. 600 B. 900 C. 10,800 D. 3,600

Last Answer : C. 10,800

The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year? A) Rs 5 crore B) Rs 7 crore C) Rs 5.5 crore D) Rs 6.2 crore E) Rs 6 crore

Description : The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year? A) Rs 5 crore B) Rs 7 crore C) Rs 5.5 crore D) Rs 6.2 crore E) Rs 6 crore

Last Answer : A) Rs 5 crore Explanation: The RBI carried out an inspection after Rs 6,100 crore import remittances were effected by Bank of Baroda‘s Ashok Vihar branch in New Delhi.

The Reserve Bank of India will transfer how much surplus to the government for FY‟16 as dividend? A) Rs 68876 crore B) Rs 65885 crore C) Rs 75876 crore D) Rs 65876 crore E) Rs 65776 crore

Description : The Reserve Bank of India will transfer how much surplus to the government for FY‟16 as dividend? A) Rs 68876 crore B) Rs 65885 crore C) Rs 75876 crore D) Rs 65876 crore E) Rs 65776 crore

Last Answer : D) Rs 65876 crore Explanation: The Reserve Bank of India will Rs 65876 crore as surplus transfer to the government for FY 16, Rs 20 crore less that previous year s Rs 65896 crore, a central ... surplus approved by the Reserve Bank of India board could be used to fund the centre s fiscal deficit .

As per the licensing norms of RBI, a new bank must have a _______ capital A. 200 Crore B. 100 Crore C. 1000 Crore D. 500 Crore E. None of the Above

Description : As per the licensing norms of RBI, a new bank must have a _______ capital A. 200 Crore B. 100 Crore C. 1000 Crore D. 500 Crore E. None of the Above

Last Answer : D. 500 Crore Explanation: The RBI licensing norms stipulate that a new bank must have Rs.500 crore capital.

Aryans came to Sub-continent in: A. 1,500 BC B. 1,600 BC C. 1,700 BC D. 1,800 BC

Description : Aryans came to Sub-continent in: A. 1,500 BC B. 1,600 BC C. 1,700 BC D. 1,800 BC

Last Answer : ANSWER: C

Water requirement in Maize (a) 400-500mm (b) 600- 800 mm (c) 500- 800 mm (d) 600- 700 mm

Description : Water requirement in Maize (a) 400-500mm (b) 600- 800 mm (c) 500- 800 mm (d) 600- 700 mm

Last Answer : (c) 500- 800 mm

Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Description : Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Last Answer : B) International Finance Corporation Explanation: The World Bank s private sector funding arm International Finance Corporation (IFC) and Wadhawan Global Capital Pvt Ltd are going to raise their ... between them to help the housing loan provider to lower income families double its business.

Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Description : Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Last Answer : D) 2004 Explanation: The scheme was launched in 2004.Under this scheme securities are issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity. These securities are issued not to meet the government‘s expenditure.

What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Description : What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Last Answer : C) Rs 500 crore Explanation: The Reserve Bank of India released norms for on-tap permits for private sector banks and said the validity of the in-principle approval issued by the RBI will be 18 months from the date of granting in-principle approval.

RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Description : RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Last Answer : D) UCO Bank Explanation: Reserve Bank of India has told state-run Uco Bank to pay Rs 1 crore penalty for flouting bill discounting norms which allowed current account holders siphon out funds.

Seven men, five women and eight children were given as assignment of distributing 2000 books to students in a school over a period of three days. All of them distributed books on the first day. One of the second day two women and three children remained absent and on the third day three men and five children remained absent. If the ratio of the number of books distributed in a day by a man, a woman and a child was 5 : 4 : 2 respectively, a total of approximately how many books were distributed on the second day? a) 1000 b) 800 c) 650 d) 900 e) Cannot be determined

Description : Seven men, five women and eight children were given as assignment of distributing 2000 books to students in a school over a period of three days. All of them distributed books on the first day. One of the second ... distributed on the second day? a) 1000 b) 800 c) 650 d) 900 e) Cannot be determined

Last Answer : Answer: C Sol. Let the books distributed by man, a woman and a child be 5x, 4x and 2x respectively. ∴ No. of books distributed in 1st day = 7 5x+5 4x+8 2x=71x No. of books distributed in 2nd day =7 ... 2x=46x 71x + 57x + 46x = 2000, x = 2000/174 57x=2000/174 57= 655 650 (Approx)

Soon to be set up India Post Payments Bank will have how many branches in the country? A) 650 B) 550 C) 500 D) 750 E) 600

Description : Soon to be set up India Post Payments Bank will have how many branches in the country? A) 650 B) 550 C) 500 D) 750 E) 600

Last Answer : A) 650 Explanation: The communications and IT minister Ravi Shankar Prasad has said that all 650 branches of the payment bank set up by the department of posts will be established by September 2017.

A payments company OKI installed 600 automatic teller machines with cash recycling abilities for State Bank of India. OKI has its headquarters in A) England B) Singapore C) USA D) Malaysia E) Japan

Description : A payments company OKI installed 600 automatic teller machines with cash recycling abilities for State Bank of India. OKI has its headquarters in A) England B) Singapore C) USA D) Malaysia E) Japan

Last Answer : E) Japan Explanation: The company which is headquartered in Japan and operates out of Mumbai in India manufactures ATMs which work with recyclable cash and has both cash acceptance mechanism ... recently taken to the new technology of machines with both depositing as well as dispensing abilities.

An outgoing batch of students wants to gift a PA system worth Rs 4,200 to their school. If the teachers, offer to pay 50% more than the students and an external benefactor gives three times the teacher's contribution, then how much should the teachers donate? A) Rs 600 B) Rs 840 C) Rs 900 D) Rs 1,200 E) NONE

Description : An outgoing batch of students wants to gift a PA system worth Rs 4,200 to their school. If the teachers, offer to pay 50% more than the students and an external benefactor gives three times the teacher's contribution, then ... the teachers donate? A) Rs 600 B) Rs 840 C) Rs 900 D) Rs 1,200 E) NONE

Last Answer : Answer: C The ratio of the share students : teacher: benefactor=1:1.5 : 4.5 So the proportion to teacher's share = 1.5/7 Hence, the teachers would donate 1.5/7×4200=Rs 900

Conversion of yellow phosphorous to red phosphorous is done by heating it in covered retorts at __________ °C in absence of air. (A) 50-80 (B) 250-400 (C) 1000-1200 (D) 800-900

Description : Conversion of yellow phosphorous to red phosphorous is done by heating it in covered retorts at __________ °C in absence of air. (A) 50-80 (B) 250-400 (C) 1000-1200 (D) 800-900

Last Answer : (B) 250-400

worker is allowed 60 hours to complete the job on a guaranteed wage of Rs. 10 per hour. Under the Rowan Plan, he gets an hourly wage of Rs. 12 per hour. For the same saving in time, how much he will get under the Halsey Plan? (a) Rs. 720 (b) Rs. 540 (c) Rs. 600 (d) Rs. 900

Description : worker is allowed 60 hours to complete the job on a guaranteed wage of Rs. 10 per hour. Under  the Rowan Plan, he gets an hourly wage of Rs. 12 per hour. For the same saving in time, how much he  will get under the Halsey Plan? (a) Rs. 720 (b) Rs. 540 (c) Rs. 600  (d) Rs. 900

Last Answer : (b) Rs. 540

C) MyGov Explanation: The cabinet on June 1, 2016, gave its nod to setting up of the IPPB under the Department of Posts. The Department of Post wants to connect with and involve the people of India in designing the DNA of the India Post Payments Bank. So it launched this contest. The contest is open to all Indian citizens, institutions, agencies and entities for a period of one month, until July 9, 2016.

Description : C) MyGov Explanation: The cabinet on June 1, 2016, gave its nod to setting up of the IPPB under the Department of Posts. The Department of Post wants to connect with and involve the people of ... all Indian citizens, institutions, agencies and entities for a period of one month, until July 9, 2016.

Last Answer : To provide loans to Indo-Spanish joint ventures and local enterprises in India, State Bank of India (SBI) has signed a memorandum of agreement with Spain‟s which bank to enhance business synergies? A) Caja Madrid B) CaixaBank C) Liberbank D) Gallego bank E) None of these

2/3 part of the sum is lent out at 3%, 1/6 part is lent out at 6% and remaining part at 12%. All the three parts are lent out at simple interest. If the annual income is Rs. 35, what is the sum? (a) Rs.500 (b) Rs.600 (c) Rs.700 (d) Rs.850 (e) Rs.950

Description : 2/3 part of the sum is lent out at 3%, 1/6 part is lent out at 6% and remaining part at 12%. All the three parts are lent out at simple interest. If the annual income is Rs. 35, what is the sum? (a) Rs.500 (b) Rs.600 (c) Rs.700 (d) Rs.850 (e) Rs.950

Last Answer : (c) Rs.700

Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001

Description : Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001

Last Answer : b)900

During a period 17, 500 labour hours were worked at a standard cost of Rs 6.50 per hour. The labour efficiency variance was Rs 7,800 favourable. How many standard hours were produced? (a) 1,200 (b) 16,300 (c) 17,500 (d) 18,700

Description : During a period 17, 500 labour hours were worked at a standard cost of Rs 6.50 per hour. The  labour efficiency variance was Rs 7,800 favourable. How many standard hours were produced? (a) 1,200 (b) 16,300 (c) 17,500 (d) 18,700

Last Answer : (d) 18,700

What was the fund allocation for the implementation of the ‘Protection from Domestic Violence Act’ in the Eleventh plan? a. Rs. 100 crore b. Rs. 300 crore c. Rs. 500 crore d. Rs. 1000 crore

Description : What was the fund allocation for the implementation of the ‘Protection from Domestic Violence Act’ in the Eleventh plan? a. Rs. 100 crore b. Rs. 300 crore c. Rs. 500 crore d. Rs. 1000 crore

Last Answer : c. Rs. 500 crore

Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores

Description : Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores

Last Answer : a. Uniformity

For protection of level crossing gate in an emergency on BG double line the Gateman should place one detonator at one place and 3 detonators at a subsequent place at a distance of ------- a) and------- meters respectively b) 400 meters in 800 meters c) 500 meters and 1000 meters d) 600 meters and 1200 meters* e) 800 meters in 1500 meters

Description : For protection of level crossing gate in an emergency on BG double line the Gateman should place one detonator at one place and 3 detonators at a subsequent place at a distance of ------- a) and------ ... c) 500 meters and 1000 meters d) 600 meters and 1200 meters* e) 800 meters in 1500 meters

Last Answer : d) 600 meters and 1200 meters*

If the current ratio is 2, current assests are worth Rs. 1,600, if current ratio is not allowed to fall below 1•5, how much additional can be borrowed by the company on the short term basis ? (A) Rs. 400 (B) Rs. 600 (C) Rs. 2,733 (D) Rs. 800

Description : If the current ratio is 2, current assests are worth Rs. 1,600, if current ratio is not allowed to fall below 1•5, how much additional can be borrowed by the company on the short term basis ? (A) Rs. 400 (B) Rs. 600 (C) Rs. 2,733 (D) Rs. 800

Last Answer : Answer: Rs. 400

Regeneration of molecular sieve requires it to be heated to a temperature of about __________ °C. (A) 80-120 (B) 200-300 (C) 600-800 (D) 1000-1100

Description : Regeneration of molecular sieve requires it to be heated to a temperature of about __________ °C. (A) 80-120 (B) 200-300 (C) 600-800 (D) 1000-1100

Last Answer : (D) 1000-1100

Indication post for detonator should be provided at a distance of ---------meter and --------- meter for BG level crossing a) 400 meters in 800 meters b) 500 meters and 1200 meters c) 600 meters and 1200 meter * d)600 meters and 1000 meters

Description : Indication post for detonator should be provided at a distance of ---------meter and --------- meter for BG level crossing a) 400 meters in 800 meters b) 500 meters and 1200 meters c) 600 meters and 1200 meter * d)600 meters and 1000 meters

Last Answer : c) 600 meters and 1200 meter *

How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY‟17? A) Rs 2.80 lakh crore B) Rs 1.50 lakh crore C) Rs 1.80 lakh crore D) Rs 1.30 lakh crore E) Rs 1.20 lakh crore

Description : How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY‟17? A) Rs 2.80 lakh crore B) Rs 1.50 lakh crore C) Rs 1.80 lakh crore D) Rs 1.30 lakh crore E) Rs 1.20 lakh crore

Last Answer : C) Rs 1.80 lakh crore Explanation: Having met the target last year, banks are expected to disburse Rs 1.80 lakh crore loans under the Pradhan Mantri Mudra Yojana (PMMY) in the current fiscal, ... Sinha said today. Last year, 3.5 crore beneficiaries availed Rs 1.22 lakh crore loans under PMMY.

RBI has imposed how much fine on 13 banks for violation of FEMA and lapses in know your client (KYC) rules? A) Rs 24 crore B) Rs 25 crore C) Rs 27 crore D) Rs 28 crore E) Rs 29 crore

Description : RBI has imposed how much fine on 13 banks for violation of FEMA and lapses in know your client (KYC) rules? A) Rs 24 crore B) Rs 25 crore C) Rs 27 crore D) Rs 28 crore E) Rs 29 crore

Last Answer : C) Rs 27 crore Explanation: The Reserve Bank of India has come down hard on 13 banks and fined them for Rs 27 crore for violation of FEMA and lapses in know your client (KYC) rules.

The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be (A) Rs. 8,800 (B) Rs. 7,600 (C) Rs. 6,400 (D) Rs. 5,000

Description : The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation ... be (A) Rs. 8,800 (B) Rs. 7,600 (C) Rs. 6,400 (D) Rs. 5,000

Last Answer : (C) Rs. 6,400

Ravi marked his Walkman at 60% above his cost price. If he had decreased his discount from 20% to 10%. he would have earned Rs.80 more. Find his cost price. a)640 b)600 c)500 d)800

Description : Ravi marked his Walkman at 60% above his cost price. If he had decreased his discount from 20% to 10%. he would have earned Rs.80 more. Find his cost price. a)640 b)600 c)500 d)800

Last Answer : c)500

If a book is sold at 20% more than its usual price, an extra profit of Rs.120 would be made on it. find its usual selling price. a)Rs.500 b)Rs.600 c)Rs.750 d)Rs.800

Description : If a book is sold at 20% more than its usual price, an extra profit of Rs.120 would be made on it. find its usual selling price. a)Rs.500 b)Rs.600 c)Rs.750 d)Rs.800

Last Answer : b)Rs.600

A man spends Rs 1,800 per month on an average for the first four mouths and Rs 2,000 per month for the nest 8 months and saves Rs 5,600 a year. What is his average monthly income ?

Description : A man spends Rs 1,800 per month on an average for the first four mouths and Rs 2,000 per month for the nest 8 months and saves Rs 5,600 a year. What is his average monthly income ?

Last Answer : Total expenditure during first four months = 1,800 x 4 = Rs 7,200 Total expenditure during the next 8 months = 2,000 x 8 = Rs 16,000 Saving = Rs 5,600 Total of expenditure and saving (equal to income ... ,200+ 16,000 + 5,600=Rs 28,800 Average monthly income = 28,800 /12 = Rs 2,400

A sells an article to B making a profit of 1/5 th his outlay. B sells it to C, gaining 20%. If C sells it for Rs 600 and incurs a loss of 1/6 th his outlay, the cost price of A is: 1. Rs 600 2. Rs 500 3. Rs 720 4. Rs 800

Description : A sells an article to B making a profit of 1/5 th his outlay. B sells it to C, gaining 20%. If C sells it for Rs 600 and incurs a loss of 1/6 th his outlay, the cost price of A is: 1. Rs 600 2. Rs 500 3. Rs 720 4. Rs 800

Last Answer : 1. Rs 600

Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of Goodwill at 3 years. purchase of super Profit is A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Last Answer : A

Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above

Description : Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above

Last Answer : A. 100 crore Explanation: Minimum paid-up capital of small finance banks is Rs.100 crore.

Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?

Description : Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?

Last Answer : CP of 1000gm = Rs. 15  SP of 900gm = Rs. 16.5  SP of 1000gm =16.5x1000/900 = Rs. 18  Now take 1000gm as reference to calculate profit. Profit=SP-CP=18-15=Rs. 3 Profit % = 3x100/15 = 20%

HDFC Ergo general insurance company has agreed to buy which of the following company‟s general insurance business for Rs 551 crore? A) L&T B) Tata C) ICICI Lombard D) Bajaj Allianz E) IFFCO-Tokio

Description : HDFC Ergo general insurance company has agreed to buy which of the following company‟s general insurance business for Rs 551 crore? A) L&T B) Tata C) ICICI Lombard D) Bajaj Allianz E) IFFCO-Tokio

Last Answer : A) L&T Explanation: HDFC has agreed to pay around 1.1 times the gross premium of L&T General Insurance Company This will help HDFC Ergo improve its ranking in the sector from fourth largest to third largest in the private sector insurance segment.