The periodical interval at which interest is added is called?

Related MCQs

• Rediscounting and giving advance the central bank changes interest at a rate which is known as __________
• The interest computed on the principal for the entire period of borrowings?
• Compound interest is calculated by applying?
• If interest is changed on full amount of loan(principal) throughout the entire tenure of the loan is?
• “A central bank is an institution charged with responsibility of regulating supply and cost of money in the interest of general public”. This definition was made by;
• The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFASIA) came into effect on.............
• System of banking is guided by the Islamic Law called?
• The borrower repays his loan by way of fixed monthly installments to the bank is called?
• Credit card allow one to buy goods now and pay later called?
• _________ is also called virtual banking or anywhere banking.