Bank Exams Questions

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We know thatThe Difference between Compound Interest and Simple Interest for n years at R rate of interest is given by C.In - S.In = PR100n

Here n = 2 years, R = 20%, C.I - S.I = 56

$$\begin{gathered} 56 = P201002 \\ => P = 56 x 52 \\ => P = 56 x 25 \\ => P = Rs. 1400 \end{gathered}$$

i. India’s Virat Kohli was named Wisden’s Leading Cricketer in the World for 2016.

ii. Kohli had also won the prestigious ‘Polly Umrigar award’ presented to the ‘International Cricketer of the Year’ at the BCCI Annual Awards.

iii. Kohli was additionally declared Wisden India Almanack’s Cricketer of the Year for the second time in its 2017 edition.

Brother of person's wife → brother-in-law of the person. Hence, the son of lady's brother is brother-in-law of the person.

Therefore, the brother of the lady is the father-in-law of the person. Hence, the lady is the sister of the person's father-in-law.

Q's mother is sister of P and daughter of M => P is the child of M.
S is daughter of P and sister of T, so P is parent of T too.
M ----> parent --------> P ------------>parent -------------> T
But given M is brother of R => M is male.

So, M is grandfather of T.

Disinvestment is the action of an organization or government selling or liquidating an asset or subsidiary.

Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.

The bank has been the preferred banker for NRI's and the NRI friendly measures have resulted in increasing inflow of foreign remittances.

The bank already has its representative offices in Abu Dhabi and Dubai and it has tied up with 110+ overseas banks/remittance partners.

Yes, a promise can be broken without being held.