Category Archives: Banking Notes

➡ Important facts about One Rupee Note. The new one rupee note contains the words ‘भारत सरकार’ above the words “Government of India” with the bilingual signature of Shaktikanta Das, Secretary, Ministry of Finance and with the replica of new rupee one coin with ₹ symbol of 2017 issued with ‘सत्‍यमेवजयते’ and capital insert letter… Read More »

➡ BANKING AWARENESS – ONE LINER ▪ EBT – Electronic benefit transfer ▪ Bank of rajasthan merged with ICICI bank ▪ For NBFC capital requirement – 2 cr ▪ Date of demonetisation – Nov 9 ▪ Banking ombudsman is appointed by – RBI ▪ Tax free union territory – Pudhucherry ▪ Maximum age for retirement… Read More »

➡ BANKING ONE LINERS Exchange of cash flow in different currency is known as: Ans: Currency Swap ● Expand ASBA:Ans: Application Supported by Blocked Amount ● Fastest mode of transaction: Ans: RTGS ● First Indian Bank to introduce credit card: Ans: Central Bank of India ● Fixed Deposit (FD)Account may be opened for a minimum… Read More »

➡ Types of Bank Account Bank Accounts are classified into four different types. They are, 1) Current Account 2) Savings Account 3) Recurring Deposit Account 4) Fixed Deposit Account ➡ What is Current Account? ▪ Current account is mainly for business persons, firms, companies, public enterprises etc and are never used for the purpose of… Read More »

➡ Here is the full List Of All The Acts Related To Bank 1. Negotiable Instrument Act– 1881 2. The Bankers’Books Evidence Act– 1891 3. The Reserve Bank of India Act– 1934 4. The Industrial Finance Corporation of India Act– 1948 5. The Banking Companies (Legal Practitioner Clients’ Accounts) Act– 1949 6. The Industrial Disputes… Read More »

➡ One Word Substitution =============== 1. One who deserts his religion : apostate 2. Opposed to great or sudden change : conservative 3. Relationship by blood or birth : consanguinity 4. One who writes with both his hand : ambidextrous 5. One who writes dectionaries : lexicographer 6. A small flowing waterfall : cascade 6.… Read More »

1. Bhanu Pratap Sharma became new Chairman of BBB 2. RBI strict reporting norms for Liberalised Remittance Scheme 3. India at 130 spots in 2018 Economic Freedom Index. 4. ADB projected India’s GDP to grow at 7.3% in 2018-19 5. ICICI Bank becomes first Indian bank to go live on SWIFT’s GPI service 6. RBI… Read More »

RBI has announced his new rates. And here we can see there is No Change In RBI Rates. They are same as they were before. Pls see below what are current Rates of RBI ➡ Current RBI Rates ============= ▪Repo Rate 6% ▪Reverse Repo Rate 5.75% ▪CRR (Cash Reserve Ratio) 4.00% ▪SLR (Statutory Liquidity Ratio) 19.50%… Read More »

✅ Current RBI Rates ============= ▪Repo Rate 6% ▪Reverse Repo Rate 5.75% ▪CRR (Cash Reserve Ratio) 4.00% ▪SLR (Statutory Liquidity Ratio) 19.50% ▪MSF (Marginal Standing Facility) 6.25% ▪Bank Rate 6.25% ============================================ You can also join our Telegram channel to get daily News, Current Affairs, Notes by clicking on the below link Telegram Exam Channel