Tag: banking
Questions Related to banking
Under the __________ scheme, the article will not be owned by the buyer until and unless he/she has paid the complete purchasing price of the article.
What is hire purchase scheme?
The interest scheme in which companies reduce the amount of the instalments to promote sales is called as __________.
The instalment scheme in which companies take $4$ or $5$ instalments in advance is called as:
A man buys an iPhone $6$ for Rs. $53{,}000$. He realizes that he cannot pay such a large amount of money right now, so he decides to pay Rs. $4{,}505$ monthly for $12$ months. This amount of Rs. $4{,}505$ is called as:
A certain number of tennis balls were purchased for Rs 450. Five more balls could have been purchased in the same amount if each ball cheaper by Rs 15. The number of ball purchased was __________
_________ allows a customer to buy a product by paying only a part of the cash price, and the remaining amount can be paid in instalments.
Which of the following does not give a difference between a hire purchase and a normal purchase?
Under hire purchase system who has the right of sell
In which system a buyer pays for a thing in regular installments?