CUET-PG SERIES Mathematics
Interest
1 previous year questions.
Volume: 1 Ques
Yield: Medium
High-Yield Trend
1
2023 Chapter Questions 1 MCQs
01
PYQ 2023
medium
mathematics ID: cuet-pg-
Given below are two statements:
Statement I: Relation between the nominal rate and effective rate : ref= (1 + 2) * r k +1, where ref = effective rate of interest r = nominal rate of interest k = numbers of conversion periods per year
Statement II: The nominal interest rate is also known as force of interest.
In the light of the above statements, choose the correct answer from the options given below
Statement I: Relation between the nominal rate and effective rate : ref= (1 + 2) * r k +1, where ref = effective rate of interest r = nominal rate of interest k = numbers of conversion periods per year
Statement II: The nominal interest rate is also known as force of interest.
In the light of the above statements, choose the correct answer from the options given below
1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true
About Interest - CUET-PG
Interest is a vital chapter for CUET-PG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
Why focus on Interest PYQs?
Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.
How to best use this analysis?
Review the topic breakdown to see which sub-topics within Interest carry the most weight. Then, tackle the questions iteratively to solidify your understanding.