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Amortisation Amortisation is the process of spreading the repayment of a loan, or the cost of an intangible asset, over a specific timeframe. This is usually a set number of months or...

The Reserve Bank of India (RBI)  came with another round of measures to ease a slowdown caused by the COVID-19, which includes discouraging banks from parking their excess liquidity with the...

WHO vs WHOM WHO is a pronoun that refers to the subject of the sentence. WHOM is a pronoun that refers to the object of the sentence. Examples: Who locked the door? She’s the woman whom I met in Paris. Here are...

Off-balance sheet exposures Off-balance sheet exposures refer to activities that are effectively assets or liabilities of a company but do not appear on the company’s balance sheet. The off-balance sheet exposures in...

Then vs Than THEN is an adverb that is used to situate events in time, and an adjective that means, “being so at the time”. THAN is a conjunction that is used when we want to compare...

‘On tap' authorisation of payment systems RBI has issued guidelines on ‘on tap' authorisation of payment systems on 15th October 2019. The aim is to encourage innovation and competition. Accordingly, it has been...

AFFECT vs EFFECT Affect Definition and Examples Primarily, “affect” is used as a verb. That means that it is performing an action on something or someone. The actions that have been taken by one...

Asset/Liability Committee (ALCO) A risk management committee in a bank that evaluates the risk associated with the bank's assets and liabilities. It manages interest rate risk while ensuring adequate returns and liquidity. Functions...

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 maintain the...

How to prepare English Language & Comprehension for SSC CGL Tier 2 Exam SSC CGL Tier 2 Examination is the second stage of the exam and tests your knowledge on two main...