Common Management Admission Test
Question : Rajesh invested INR 10,000 by dividing it into two different investment schemes, A and B, at simple interest rates of 8% and 10%, respectively. If the total interest earned in 2 years is INR 1,680, the amount invested in scheme A is:
Option 1: INR 8,000
Option 2: INR 2,000
Option 3: INR 6,000
Option 4: INR 4,000
Correct Answer: INR 8,000
Solution : Let the amount invested in scheme A be $x$ and in scheme B be $y$ Rate of A scheme = $\frac{8}{100}$ = 0.08 Rate of B scheme = $\frac{10}{100}$ = 0.10 Total invested amount INR 10,000 ⇒ $x + y$ = 10,000 Total interest
Hello Aspirant,
Merit-based calls or profile-cum-merit calls will be used in the IRMA 2024 selection process. Those who meet the minimal requirements for eligibility will receive an invitation to apply for the IRMA 2024 selection process. The creation of the final merit list will be based on the candidate's overall
Question : Which of the following is not a component of the current account?
Option 1: Merchandise trade balance
Option 2: Services trade balance
Option 3: Income balance
Option 4: Capital balance
Correct Answer: Capital balance
Solution : The correct answer is (d) Capital balance. The capital balance, also known as the financial account, is a separate component of the balance of payments. It records the flows of financial assets and liabilities between a country and the rest of the world, including
Hi there,
For the IMT PGDM common admission process, you can apply with valid scores in CAT, XAT, or GMAT. These are the exams IMT uses to shortlist candidates for the next rounds, which include critical thinking, group discussion, and personal interview. IMT Ghaziabad does not accept CMAT scores for
Hii There,
Here is the list of some top colleges in India accepting CMAT Score.
Hello aspirant,
It depends on colleges to colleges, they decide which exam score they will accept for admissions. There are many colleges which offer admissions in their college on the basis of score in any of these all exams while some strictly offer admission on the basis of only cat
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