If rate of interest is 10%, the PV (present value) of Rs.100 received in 1 year's time is
A). 90
B). 90.9
C). 95
D). 110
90.9
If rate of interest is 10%, the PV (present value) of Rs.100 received in 1 year's time is 90.9. "Present value" of a rupee received a year from now, is equal to only 90.9 paise [100/(1.1)].
1. Question 14:Discuss the issue of deficit reduction.
2. The Purchasing Power Parity Theory' came into prominence in 1916 through the writings of
3. In short run, a firm in monopolistic competition
4. The average profit is the difference between
5. Question 19:What are the main problems of human capital formation in India?
8. Who coined the Chipko slogan 'Ecology is Permanent Economy'?
10. Who is regarded as the founder of the scientific Socialism