Narayan Traders Ltd. Is a company that d...

Narayan Traders Ltd. Is a company that deals in the wholesale business of rice . The finance manager of the company , Mr. Radheshyam Das arranges unsecured short-term finance for the company. The rate of interest to be paid on this finance is more than the bank's rate of interest.
Identify the source of finance.

Text Solution

Verified by Experts

Inter-Corporate Deposits (ICD)

Similar Questions

Explore conceptually related problems

Two different finance companies declare a fixed annual rate of interest on the amount invested by investors with them. The interest rate declared by these companies can vary from year to year depending on the variation in the country's economy and the interest rate of the banks. The annual rate of interest offered by the two companies P and Q is shown in the graph below. Study the graph and answer the question. Annual percentage rate of interest offered by two finance companies P and Q over the years. A sum of Rs. 3.5 lakhs was invested in company Q in the year 2000 for one year. How much more simple interest will accrue if the amount was invested in company P?

Recommended Questions

Narayan Traders Ltd. Is a company that deals in the wholesale business...
Text Solution
|
हीलियम का प्रमुख स्रोत है -
Text Solution
|
चित्रानुसार एक दण्ड चुम्बक मुक्त रूप से एक कुण्डली के बीच से होकर गिरत...
Text Solution
|
एक इलेक्ट्रॉन वृत्ताकार कक्षा में 6 xx 10 ^(6 ) चक्कर प्रति सेकण्ड की ...
Text Solution
|
0.5 Å त्रिज्या के वृत्त में एक इलेक्ट्रॉन 3 xx 10 ^ (5 ) चक्कर/सेकण...
Text Solution
|
एक व्यक्ति कुछ घनराशि 1296 साधारण ब्याज की दर से तथा कुछ अन्य राशि 10%...
Text Solution
|
तीन अका की एक संख्या के अंकों का योग 17 है। मध्य का अंक शेष दो अंकों क...
Text Solution
|
एक आयताकार बाग , जिसकी लम्बाई , चौडाई से 4 अधिक है , का अर्धपरिमा...
Text Solution
|
समस्याओ में रेखिक समीकरणों के युग्म बनाइए और उनके हल (यदि उनका ...
Text Solution
|