Evolution and growth of financial system/institutions in India
Growth of financial system/institutions can be discussed in two parts i.e.
I. Post independence
1.Nationalization (Public ownership of financial institutions)
- RBI was nationalized in 1948
- SBI...
Bills of Exchange
A "bill of exchange" is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a...
Banking Quiz Set- 57
1. The Deposit Insurance Credit Guarantee Scheme was formed on ______?
(a) July 1, 1975
(b) January 1, 1952
(c) January 1, 1962
(d) January 1, 1991
(e) None...
Soiled and Mutilated Notes
Soiled Notes
Soiled notes are those notes -
became dirty
slightly cut
in the denomination of Rs. 10 and above, which are in two pieces. However, the cut should not pass through the number panels
Soiled notes can be exchanged at...
Banking Quiz Set- 56
1. A bank wishes to undertake insurance business. Whose permission is necessary before commencement of insurance business?
a) Life Insurance Corporation of India
b) General Insurance...
Letter of Credit
It is a guarantee in the form of a letter, issued by a buyer's bank. Suppose you want to buy or sell some goods from or to a foreign country. It is very much possible that you don't know...
Banking Quiz Set- 55
1. According to the information available it has been the experience of banks in the country in recent years under retail lending that the...
STATE FINANCIAL CORPORATIONS (SFCs)
State Financial Corporations Act, 1951 was brought into force LO enable all State Governments (except Jammu and Kashmir) to set up State Financial Corporations...
Branch Banking – Advantages , Disadvantages
Branch banking refers to that banking system in which two or more banking offices are operated under single ownership and management as a single...
Banking Quiz Set- 54
Q1. The parameters that invite Prompt Corrective Action from the central bank are-
(a) Capital to Risk weighted Asset Ratio
(b) Net Non-Performing Assets (NPA)
(c) Return...
Government Scheme
List Of Important Appointments Free PDF : List Of New Appointments...
List Of New Appointments PDF Download
Hello Aspirants,
Below We Are Providing the list of all important Appointments in India & World Free Pdf. The Pdf...
