Answer / ahamed bassam m

Advances made by banks to other financial institutions, or corporate and personal customers, that are repayable either upon demand (call) or within 14 days by giving short notice.

Answer / rokdeepak

Call Money or Notice Money is short term debt. Call Money
is borrowed in money market to meet statutory requirements
like CRR. also borrowed for fund shortges.

Answer / shyamranger

A debt which must be paid upon demand.

Mr.Jadhike owns a fleet of taxis adn the following information are available from the records maintained b him: 1.Number of taxis 10 2.salary of manager 600pm 3.cost of each taxi 20000 4.salary of cleaner 500pm 5.salary of mechanic 400 pm 6.garage rent 600pm 7.insurance premium 5%pa 8.annual tax 600 per taxi 9.driver salary 200 pm per taxi annual repair 1000 per taxi total life of a taxi is about 200000 kms. a taxi runs in all 3000kms in a month of which 30% it runs empty. Petrol consumption in one litre for 10kms@1.80 per litre. Oil and other are rs 5 per 100 kms calculate the cost of running a taxi per km 5

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