Questions

ICICI Bank topped the list of banks that witnessed the most number of frauds during April-December period of 2016 with state-owned SBI taking the second spot, RBI data said.

I. gives, Rate = 5% p.a.

II. gives, S.I. for 1 year = Rs. 600.

III. gives, sum = 10 x (S.I. for 2 years).

Now I, and II give the sum.

For this sum, C.I. and hence amount can be obtained.

Thus, III is redundant.

Again, II gives S.I. for 2 years = Rs. (600 x 2) = Rs. 1200.

Now, from III, Sum = Rs. (10 x 1200) = Rs . 12000.

Thus, Rate =

100 x 1200

= 5% p.a.

2 x 12000

Thus, C.I. for 2 years and therefore, amount can be obtained.

Thus, I is redundant.

Hence, I or III redundant.

India’s first contactless business credit card has been launched by ICICI bank in association with Jet Airways, India premier international airline, for Small and Mid-sized Enterprises (SMEs) and their employees. The card has been christened as the ‘Jet Airways ICICI Bank Business Advantage Card’, which helps customers to save on their business expenses. The card is powered by the ‘VISA payWave’ contactless technology that enables the cardholder to make payments by simply tapping the card at contactless enabled terminals in more than 48 countries, including India. The card can also be used by dipping or swiping at non-contactless merchants.

Steel is not a compound or element. Steel is an alloy of iron and carbon and other elements and hence it is a mixture. Because of its high tensile strength and low cost, it is a major component used in buildings, infrastructure, tools, ships, automobiles, machines, appliances, and weapons.