Question

1)tulsiram took a koan of 40,000 from a book for 1 year at the rate of 10 p.c.p.a find the interest and the amount he will have to pay to the bank.

Answer 1

Answer:

Illustration: Ajay Mohanty

An amazing aspect of the loan book of the 12 state-owned banks headed for mergers is how little they lend to the services sector from their own books. The other is how much the books of these banks appear to be carbon copies of each other, almost making the banks clones of one another.

This is possibly the reason the department of financial services went by only one yardstick to

separate these banks--the type of technology they use to run their banking services. The banks have little else to differentiate themselves with, as the data in the table shows. Their portfolios offer hardly any variation to make any assessment of where their respective strengths lie. It is a massive indictment of the level of inefficiency that has pervaded their credit culture over the decades.

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