Economic Glossary | Glossary Related To h | Bankers Algo
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Economic Glossary


Exceptionally high inflation rates. While there are no hard and fast guidelines, an annual inflation rate of 20 percent or more is likely to get you the hyperinflation title. Some countries in the past have been quite good at creating hyperinflation. An annual inflation rate of 1,000 percent has not been uncommon. On occasion, the trillion percent inflation rate mark has been achieved

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Banker's Algo Daily Dose

Word of the day



Having or showing little or no emotion

Synonyms: flat, impassive, indifferent, insensible, uninterested, unmoved, unresponsive

Antonyms: caring, concerned, interested, responsive

Apti Question of The day


Mr. ‘X’ invested certain amounts in two different schemes ‘A’ and ‘B’. Scheme ‘A’ offers simple interest at 12% pa. And scheme ‘B’ offers compound interest at 10% pa. Interest accrued on the amount invested in scheme ‘A’ in two year was Rs. 3,600 and the total amount invested was Rs. 35,000. What was the interest accrued on the amount invested in scheme ‘B’?

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