Bank Exams Questions

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6th to the left of 17th letter to the right of 7th letter from the left = 6th to the left of (17+7 =) 24th letter from the left = (24-6 =) 18th letter from the left.

Thus, we have to count from the left and we have to find out 18th letter from the left that falls into the second section of English alphabet.

Here, both the first half and the second half of the English alphabet have been reversed and we have to count from the left end, then the required letter can be found out using the formula given below. Suppose , the first and the second reversed sections of the English alphabet are α and  βrespectively.Then,

  The required letter = 2α+β+1-(required position of letter from left side)

Therefore, The required letter = 26 + 13 + 1 - 18 = 22 = V

Creditors and debtors:

During inflation creditors lose because they receive in effect less in goods and services than if they had received the repayments during a period of low prices. Debtors, on other hand, as a group gain during inflation, since they repay their debts in currency that has lost its value.The aggregate volume of internal trade tends to increase during inflation due to higher incomes, greater production and larger spending. But the export trade is likely to suffer on account of arise in the prices of domestic goods.

The same currency unit will now buy less goods and services.But the bondholders lose as they get a fixed interest the real value of which has already fallen.