Questions

Internet giant Google has tied up with State Bank of India (SBI) for its mobile payments app Tez. Through this partnership, Google Tez will allow users to create an SBI UPI Id - @oksbi and get access.

The book "The Other America" was written by Michael Harrington. The topic of the book 'The Other America' was Poverty was widespread in America.

The owner first lost Rs. 100 in cash, but after the thief bought Rs. 60 goods, he get back that Rs. 100 but he lost Rs. 60 value of goods and Rs. 40 in change.

So, a total of 60 + 40 = Rs. 100 the owner lose.

RAROC is a risk-adjusted framework for profitability measurement and profitability management. It is a tool for measuring risk-adjusted financial performance. And it provides a uniform view of profitability across businesses (Strategic Business Units / divisions). RAROC and related concepts such as RORAC and RARORAC are mainly used within (business lines of) banks and insurance companies. RAROC is defined as the ratio of risk-adjusted return to economic capital.