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Banking Awareness

February, 2019

  • 11 February

    200+ Banking Awareness Free PDF for Banking | SSC | Railway | State PCS | UPSC – Download Now

    Most Important Banking Awareness PDF for Banking | SSC | Railway | State PCS | UPSC – Free Download Now Banking Awareness PDF for All Competitive Exams :- Banking GK PDF …

December, 2018

  • 25 December

    Banking Awareness Quiz

    1. What is the full form of RDA? A. Rupee Draft Arrangement B. Rupee Demand Arrangement C. Rupee Draw Arrangement D. Rupee Drawing Arrangement E. None of the Above 2. …

  • 25 December

    All About Central Bank and Commercial Banks in India

    Definition of Central Bank Central Bank is the supreme financial institution that regulates the banking and monetary system of the country. It is formed to bring monetary stability, issue notes and …

  • 20 December

    All About Direct Debit and Standing Order

    Definition of Direct Debit Direct Debit is an automatic payment system, in which you can authorize your customer (institution/organization) to withdraw money from your bank account, as and when the …

  • 19 December

    All About Repo Rate and MSF Rate

    Repo Rate or repurchase auction rate is one at which the Reserve Bank of India, buys back Government Securities, from the commercial banks, based on the level of liquidity, the central bank wants to …

  • 19 December

    Banking Awareness Quiz

    1. Which of the following is the most liquid money? A. M1 B. M2 C. Securities D. M3 E. Call Money 2. Which of the following can issue commercial paper …

  • 18 December

    All About EFT and ACH

    In the fast-paced world, with the change in information and communication technology, banks are also adopting e-banking culture that helps in providing better and flexible products and services to the …

  • 16 December

    Banking Awareness Quiz

    1. Poverty line is expressed in terms of an overall _______ A. Per capita Income B. Per Capita consumption expenditure C. Per Capita entertainment expenditure D. Per Capita development expenditure …

  • 16 December

    All About Mortgage and Charge

    Charge denotes an impediment over the title of the property, i.e. when the charge is created on an asset, the asset is not allowed to be sold or transferred. Basically, there …

  • 15 December

    Banking Awareness Quiz

    1. A provision in some loans that allows the borrower to change the interest rate from xed to variable or Vice Versa is termed as __________ A. Convertible Bond B. …

  • 15 December

    All About Merchant Bank and Investment Bank

    Commercial banks offer services to the general public, but there are some banks which offer services to the companies and investors but not to the public. They are investment bank …

  • 14 December

    Banking Awareness Quiz

    1. An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated? A. Negotiable Instrument Act 1881 …

  • 14 December

    All About Banker’s Cheque (Pay Order) and Demand Draft

    Banker’s Cheque or say pay order is an instrument, generally non-negotiable, issued by the bank on behalf of the customer, containing an order to pay a specified sum to the specified person, in …

  • 12 December

    Banking Awareness Quiz

    1. The Headquarters of Capital Local Area Bank is situated in _______ A. Amritstar, Punjab B. Ludhiana, Punjab C. Bathinda, Punjab D. Jalandhar, Punjab 2. Which of the following is …

  • 12 December

    Difference Between Fiscal Policy and Monetary Policy

    Definition of Fiscal Policy When the government of a country employs its tax revenue and expenditure policies to influence the overall demand and supply for commodities and services in the nation’s …

  • 11 December

    Banking Awareness Quiz

    1. Cash kept in the currency chest is owned by? A. Currency Chest branch bank B. State Bank of India C. Central Government D. Reserve Bank of India 2. What …

  • 11 December

    Convertibility of Currency in India

    After the collapse of Breton Woods’s system in 1971, the various countries switched over to the floating foreign exchange rate system. Under the floating or flexible exchange rate system, exchange …

  • 10 December

    Banking Awareness Quiz

    1. Which of the following is not a measure of the Risk Management in Banks? A. CRR B. RTGS C. SLR D. Deposit Insurance 2. “The Doing Business Report” is …

  • 10 December

    Foreign Exchange Quotations

    The foreign exchange quotations, meaning the way relative prices or rates are quoted fo trade between players in the foreign exchange markets. Foreign exchange quotations can be three types, they are: Direct …

  • 9 December

    Banking Awareness Quiz

    1. When was the currency system in India converted into decimal system? A. April 1 1959 B. April 1 1957 C. April 1 1955 D. April 1 1953 2. Dalal …

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