
Mr. Sharma opened a recurring deposit account in a bank. He deposited per month for two years. At the time of maturity he got Find
The rate of interest per annum.
Important Questions on Banking and Taxation
Priyanka has a recurring deposit account of per month at per annum. If she gets as interest at the time of maturity, find the total time for which the account was held.



Padmini opened a recurring deposit account in district cooperative bank for years and her monthly installment is . If on maturity she gets as interest, then what is the rate of interest per annum?




Rekha opened a recurring deposit account for months. The rate of interest is per annum and Rekha receives as interest at the time of maturity. Find the amount Rekha deposited each month in rupees.


A Joint-stock company's Total Assets are Rs.45 CR which include Intangible assets worth Rs.2 CR. Its liabilities other than share capital and reserves are Rs.40 CR. What is the amount of tangible net worth?
a. 3 CR
b. 7 CR
c. 5 CR
d: 2 CR


A firm has the following financial figures from its balance sheet:
Capital Rs.12 lac, Reserves Rs.4 lac, Unsecured loans Rs.5 lac, Current assets Rs.16 lac, Pre-operative Expenses Rs.2 lac. Its Net Worth would be:
a. Rs. 16 lac
b. Rs. 14 lac
c. Rs. I9 lac
d. Rs. 21 lac
e. Rs. 23 lac

Banks can refuse premature withdrawal of large term deposits held by entities other than individuals and 'HUF where amount is above Rscrore. (True / false).


A firm is having paid-up capital of Rs.2 lac, revaluation reserve of Rs.1 lac, current liabilities of Rs.1 lac, pre-paid expenses of Rs.0.20 lac and pre-operative expenses of Rs.0.30 lac. What will be its tangible net worth:-
a. Rs.2.50 lac
b. Rs.2.70 lac
c. Rs.3 lac
d. Rs.3.50 lac


The debt-equity ratio is 3:1. The firm's long term liabilities are 90 and amount of Intangible Assets 5. What is Net worth?
a. 35
b. 30
c. 25
d. 20



The total liabilities of a firm are 50, its long term uses 20 and long term sources 30.
a. Current assets = 50 and current liabilities = 20.
b. Current assets = 30 and current liabilities = 20.
c. Current assets = 20 and current liabilities = 30.
d. None of the above is correct.

