#Daily_One_Banking_Term ============== ➡ Savings Bank Account: ▪️ All banks in India are having the facility of opening savings bank account with a nominal balance. ▪️ This account is used for personal purposes and not for business purpose and there are certain restrictions on withdrawals from this type of account. ▪️Account holder gets nominal interest in this… Read More »
#Daily_One_Banking_Term =============== ➡ What is Safe Custody: When articles of value like jewelry, boxes, shares, debentures, Government bonds, Wills or other documents or articles are given to a bank for safe keeping in its safe vault, it is called safe custody.. Bank charges a fee from its clients for such safe custody. ============================================ You can… Read More »
#Daily_One_Banking_Term ================= ➡ Meaning of Risk-Averse, Risk-Neutral, Risk-Taking : ▪️ Risk-averse describes an investor who requires greater return in exchange for greater risk. ▪️ Risk-neutral describes an investor who does not require greater return in exchange for greater risk. ▪️Risk-taking describes an investor who will accept a lower return in exchange for greater risk. ============================================ You… Read More »
#Daily_One_Banking_Term ============== ✔️ Meaning of Right of Appropriation: ▪️As per Section 59 of the Indian Contract Act, 1972 while making the payment, a debtor has the right to direct his creditor to appropriate such amount against discharge of some particular debt. If the debtor does not do so, the banker can appropriate the payment to… Read More »
#Daily_One_Banking_Term ============== ➡ Restrictive Endorsement: ▪️Where endorser desires that instrument is to be paid to particular person only, he restricts further negotiation or transfer by such words as “Pay to Ashok only”. Now Ashok cannot negotiate the instrument further. ============================================ You can also join our Telegram channel to get daily News, Current Affairs, Notes by clicking… Read More »
Here we are giving a list of some Important Question which are Based on Small Banks and Payment Banks and are very important in view of banking exams. =================== Question 1. The Reserve Bank of India had granted ‘in-principle’ approval to how many applicants to set up Small Finance Banks. Answer: 10 Question 2. What… Read More »
#Daily_One_Banking_Term ================ ➡ Meaning of Return: ▪️ Amount of investment gain or loss. ➡ Meaning of Rescheduling of Payment: ▪️ Rearranging the repayment of a debt over a longer period than originally agreed upon due to financial difficulties of the borrower. ============================================ You can also join our Telegram channel to get daily News, Current Affairs,… Read More »
#Daily_One_Banking_Term =============== ➡ What is Repurchase Agreement: ▪️ An arrangement in which a security is sold and later bought back at an agreed price and time. ➡ Meaning of Resistance Level: ▪️ A price at which sellers consistently outnumber buyers, preventing further price rises. ▬▬▬▬▬⚜۩۞۩⚜▬▬▬▬▬ Banking Terms in Hindi ➡ पुनर्खरीद करार: ▪ एक ऐसी व्यवस्था… Read More »
#Daily_One_Banking_Term ========= ➡ Relative Strength Index (RSI): ▪️A stock’s price that changes over a period of time relative to that of a market index such as the Standard & Poor’s 500, usually measured on a scale from 1 to 100, 1 being the worst and 100 being the best. ▬▬▬▬▬⚜۩۞۩⚜▬▬▬▬ ➡ सापेक्ष शक्ति सूचकांक (आरएसआई): ▪ स्टॉक… Read More »
#Daily_One_Banking_Term ============= ➡ What is Provisioning: ▪️ Provisioning is made for the likely loss in the profit and loss account while finalizing accounts of banks. ▪️ All banks are supposed to make assets classification and make appropriate provisions for likely losses in their balance sheets. ➡ What are Public Sector Bank: ▪️ A bank fully or partly owned by… Read More »