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Read the following information carefully and answer the questions based on it.
The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……
Note:- Vibha age is not less than 5 Years.
Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?
  • a)
    Rs 464536
  • b)
    Rs 570971
  • c)
    Rs 632296
  • d)
    Rs 512226
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Read the following information carefully and answer the questions bas...
For age of the daughters, we have information:
  • Priyanka is as many years younger to Rakhi as Rakhi is younger to Vibha. Thus, Vibha is eldest while Priyanka is youngest.
  • Vibha and Rakhi get3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Thus, for Vibha and Rakhi the man must have invested for 10-15 years while for Priyanka the man must have invested for more than 15 years. Thus, maximum possible age for Vibha is 8 years and minimum possible age for Priyanka=2
  • Rakhi’s age is less than 5 years while Priyanka’s age was not 1 year.
If Vibha = 8, Rakhi = 4 and Priyanka=0, not possible
Vibha =7, Rakhi = 4 and Priyanka = 1, not possible
Vibha = 6, Rakhi = 4 and Priyanka = 2. Possible case
Vibha = 5, Rakhi = 4, Priyanka = 3, not possible.
Thus, at the time of investing, Vibha’s age = 6 yrs, Rakhi’s age = 4 years and Priyanka’s age = 2 years
⇒ A = 2
The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month.
Let the amount invested per month for Rakhi, Vibha and Priyanka be 25x, 32x and 20x respectively
⇒ 57x = 14250
⇒ x = 250
Investment for Rakhi = Rs 6250 per month (for 14 years)
Investment for Vibha = Rs 8000 per month (for 12 years)
Investment for Priyanka = Rs 5000 per month (for 16 years)
Total investment for Rakhi = Rs 6250*12*14 = Rs 1050000
Total investment for Vibha = Rs 8000*12*12 = Rs 1152000
Total investment for Priyanka = Rs 5000*12*16 = Rs 960000
Maturity Value for Rakhi = Rs 3150000
Maturity Value for Vibha = Rs 3456000
Maturity Value for Priyanka = Rs 3360000
⇒ B = Difference in maturity value for Rakhi and Priyanka = Rs 2,10,000
D = Difference in maturity value for Vibha and Priyanka = Rs 96000
Vibha’s maturity value is 40% of cost of house
⇒ C = Cost of house = Rs 3456000/0.4 = Rs 86,40,000
Total investment of the man for all his daughters = Rs 31,62,000
At 10% SI for 10 years, the money will get doubled at the end of 10th year
⇒ E = 2*3162000 = Rs 63,24,000
Total money invested = 3B + 4D =3*210000+4*96000 = Rs 10,14,000
The friends invested money in ratio (A+3):(A+2):(2A+3) i.e.,5:4:7
Thus, share of 3rd friend in the invested capital = 7/16*1014000 = Rs 4,43,625
Total profit at end of the year = Rs 64576
Share of 3rd friend in total profit = 7/16*64576 = Rs 28252
⇒ Total capital with the 3rd friend at the end of 3rd year = 443625+28252 = Rs 471877
He invested the money at 10% returns compounded annually.
Thus, capital at the end of 3rd year = (1+10/100)2*471877 = Rs 570971
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Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?a)Rs 464536b)Rs 570971c)Rs 632296d)Rs 512226e)None of theseCorrect answer is option 'B'. 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