CR Formula

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<–2/”>a >C. Rajagopalachari’s formula (or C. R. formula or Rajaji formula) was a proposal formulated by Chakravarthi Rajagopalachari to solve the political deadlock between the All India Muslim League and Indian National Congress on independence of India from the British. C. Rajagopalachari, a Congress leader from Madras, devised a proposal for the Congress to offer the League the Muslim Pakistan based onplebiscite of all the peoples in the regions where Muslims made a majority. Although the formula was opposed even within the Congress party,Gandhi used it as his proposal in his talks with Jinnah in 1944. However, Jinnah rejected the proposal and the talks failed.
The CR formula entailed
i. The League was to endorse the Indian demand for independence and to co-operate with the Congress in formation of Provisional Interim Government for a transitional period.
ii. At the end of the War, a commission would be appointed to demarcate the districts having a Muslim Population in Absolute Majority and in those areas plebiscite to be conducted on all inhabitants (including the non-Muslims) on basis of adult suffrage.
iii. All parties would be allowed to express their stance on the partition and their views before the plebiscite.
iv. In the event of separation, a mutual agreement would be entered into for safeguarding essential matters such as defence, Communication and commerce and for other essential Services.
v. The transfer of population, if any would be absolutely on a voluntary basis.
vi. The terms of the binding will be applicable only in case of full transfer of power by Britain to Government of India.

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The CR formula is a mathematical formula that is used to calculate the credit score of an individual. The formula takes into account a number of factors, including the individual’s payment history, the amount of debt they owe, the length of their credit history, and the types of credit they have. The CR formula is used by credit bureaus to calculate the credit scores of individuals, which are then used by lenders to determine whether to approve them for loans and what interest rates to charge them.

There are a number of online calculators that can be used to calculate the CR formula. These calculators typically ask for information such as the individual’s name, date of birth, Social Security number, and the amount of debt they owe. The calculators then use this information to calculate the individual’s credit score.

There are also a number of free CR formula calculators available online. These calculators are typically less accurate than the paid calculators, but they can be a good way to get an estimate of your credit score.

If you are interested in getting a more accurate credit score, you can purchase a credit report from one of the three major credit bureaus: Equifax, Experian, or TransUnion. These reports will include your credit score, as well as information about your credit history.

You can also get your credit score for free from AnnualCreditReport.com. This website allows you to get a free copy of your credit report from each of the three major credit bureaus once per year.

Once you have your credit report, you can review it to make sure that there are no errors. If you find any errors, you can dispute them with the credit bureau.

You can also use your credit report to improve your credit score. There are a number of things you can do to improve your credit score, such as paying your bills on time, keeping your debt low, and increasing the length of your credit history.

Improving your credit score can take time, but it is worth it. A higher credit score can help you get approved for loans, get lower interest rates, and save Money.

Here are some tips for using the CR formula calculator:

  • Make sure you have all of the necessary information before you start. This includes your name, date of birth, Social Security number, and the amount of debt you owe.
  • Be sure to enter the information correctly. Any errors could affect your credit score.
  • Once you have calculated your credit score, review it carefully. If you have any questions, contact the credit bureau.
  • You can use your credit score to improve your credit. There are a number of things you can do to improve your credit score, such as paying your bills on time, keeping your debt low, and increasing the length of your credit history.
  • Improving your credit score can take time, but it is worth it. A higher credit score can help you get approved for loans, get lower interest rates, and save money.

What is the CR formula?

The CR formula is a mathematical equation that is used to calculate the credit score of an individual. The formula takes into account a number of factors, including the individual’s payment history, the amount of debt they owe, the length of their credit history, and the types of credit they have.

What is a good credit score?

A good credit score is typically considered to be 700 or above. A score in this range indicates that an individual is a low-risk borrower and is likely to be approved for loans and other forms of credit.

What is a bad credit score?

A bad credit score is typically considered to be below 600. A score in this range indicates that an individual is a high-risk borrower and may have difficulty being approved for loans and other forms of credit.

How can I improve my credit score?

There are a number of things you can do to improve your credit score. These include:

  • Making all of your payments on time, every time.
  • Keeping your credit utilization low. This means using less than 30% of your available credit.
  • Lengthening your credit history. This means having a credit card or other type of loan for a long period of time.
  • Having a mix of different types of credit. This means having both revolving credit (such as a credit card) and installment loans (such as a car loan).

What is the difference between a credit score and a credit report?

A credit score is a number that represents your creditworthiness. It is calculated based on information in your credit report. A credit report is a detailed record of your borrowing and repayment history. It includes information such as your payment history, the amount of debt you owe, the length of your credit history, and the types of credit you have.

How often is my credit score updated?

Your credit score is updated every time your credit report is updated. This can happen for a number of reasons, such as when you make a payment, when you apply for a loan, or when you close an account.

How long does it take to improve my credit score?

It takes time to improve your credit score. The amount of time it takes will depend on a number of factors, such as your current credit score, your credit history, and the steps you take to improve your credit.

What are the benefits of having a good credit score?

There are a number of benefits to having a good credit score. These include:

  • Being more likely to be approved for loans and other forms of credit.
  • Getting lower interest rates on loans.
  • Having lower monthly payments on loans.
  • Having access to more credit.
  • Being able to borrow more money.
  • Having a better chance of getting a job.
  • Having a better chance of renting an apartment.
  • Having a better chance of getting insurance.

What are the consequences of having a bad credit score?

There are a number of consequences of having a bad credit score. These include:

  • Being less likely to be approved for loans and other forms of credit.
  • Getting higher interest rates on loans.
  • Having higher monthly payments on loans.
  • Having less access to credit.
  • Being able to borrow less money.
  • Having a lower chance of getting a job.
  • Having a lower chance of renting an apartment.
  • Having a lower chance of getting insurance.

Sure, here are some MCQs on the following topics without mentioning the topic CR Formula:

  1. What is the formula for calculating the area of a circle?
  2. What is the formula for calculating the volume of a sphere?
  3. What is the formula for calculating the Distance Between Two Points?
  4. What is the formula for calculating the speed of an object?
  5. What is the formula for calculating the acceleration of an object?
  6. What is the formula for calculating the force of gravity?
  7. What is the formula for calculating the work done by a force?
  8. What is the formula for calculating the power of an engine?
  9. What is the formula for calculating the pressure of a gas?
  10. What is the formula for calculating the temperature of a gas?

Answers:
1. The formula for calculating the area of a circle is $A = \pi r^2$, where $r$ is the radius of the circle.
2. The formula for calculating the volume of a sphere is $V = \frac{4}{3} \pi r^3$, where $r$ is the radius of the sphere.
3. The formula for calculating the distance between two points is $d = \sqrt{(x_1 – x_2)^2 + (y_1 – y_2)^2}$, where $(x_1, y_1)$ and $(x_2, y_2)$ are the coordinates of the two points.
4. The formula for calculating the speed of an object is $v = \frac{d}{t}$, where $d$ is the distance traveled and $t$ is the time taken.
5. The formula for calculating the acceleration of an object is $a = \frac{v_f – v_i}{t}$, where $v_f$ is the final velocity, $v_i$ is the initial velocity, and $t$ is the time taken.
6. The formula for calculating the force of gravity is $F = G \frac{m_1 m_2}{r^2}$, where $G$ is the gravitational constant, $m_1$ and $m_2$ are the masses of the two objects, and $r$ is the distance between the two objects.
7. The formula for calculating the work done by a force is $W = F d$, where $F$ is the force and $d$ is the distance moved.
8. The formula for calculating the power of an engine is $P = \frac{W}{t}$, where $W$ is the work done and $t$ is the time taken.
9. The formula for calculating the pressure of a gas is $P = \frac{F}{A}$, where $F$ is the force exerted by the gas and $A$ is the area of the surface on which the force is exerted.
10. The formula for calculating the temperature of a gas is $T = \frac{PV}{nR}$, where $P$ is the pressure of the gas, $V$ is the volume of the gas, $n$ is the number of moles of gas, and $R$ is the ideal gas constant.