Banking Quiz Set- 10

1) The forex reserves of a country are the foreign currency assets held by the central bank of the country. It does not include...

All About Cheque Truncation System

CTS 2010 is the standard prescribed by the RBI recently for cheques issued by all banks in the country. CTS stands for Cheque Truncation...

Banking Quiz Set- 9

Q1. The National Social Security Fund (NSSF) helps which of the following groups of society? 1) Bank employees 2) Central Govt. employees 3) Workers in the unorganized...

Banking Quiz Set- 8

Q1. What is the significance of 'Real-time' in RTGS? a. Funds will eventually be transmitted to beneficiary account b. Funds will be settled in batches c. Funds...

All About RTGS System

The acronym 'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an...

Banking Quiz Set- 7

Q1. Consider the following statements : (1) Instant Money Transfer (IMT scheme is launched by Bank of India. ) (2) It allows withdrawal of...

All About NEFT System

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically transfer...

Banking Quiz Set- 6

Q1. Which of the following organizations is selected by the RBI for issuing globally compatible Legal Entity Identifiers (LEIs)? (a) Industrial Credit and Investment Corporation...

All About Deposit Insurance and Credit Guarantee Corporation (DICGC)

In India, the bank deposits are covered under the insurance scheme provided by Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly owned subsidiary...

Banking Quiz Set- 5

Q1. In recent years it has been recognized increasingly that a large segment of the rural population is out of the reach of the formal...

Government Scheme

Statistics Notes For SSC CGL / CHSL Exam 2019-20 on :...

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Measurement scales are used to categorize and/or quantify variables. This lesson describes the four scales of measurement that are commonly used in statistical analysis:...

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