Bank Exams Questions

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Principle amount = Rs. 29000

Interest = Rs. 10440

Let rate of interest = r%

=> So, time = r years

According to the question,

10440 = 29000 x r x r/100

290 x r x r = 10440

r x r = 1044/29 = 36

r = 6

Hence, the rate of interest = 6% and time = 6 yrs.

The American Planning Association (APA) has announced this year's international excellence award for the Bhubaneswar smart city project.

The award called Pierre L'Enfant International Planning Excellence Award 2017 will be given on May 8 in New York city.

This is the first time in the 50 years history of APA's annual award programme that an Indian city has been recognised for its planning efforts.

I am ABBREVIATION.

Yes, i make things short and asks the full form of that thing.

Ex : FCI - Food Corporation of India

IAS - Indian Administrative Service.

Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.