General Awareness With Special Reference To Banking

general awareness with special reference to banking

Current Repo Rate

On March 20, 2013, RBI has lowered Repo RateRepo rate, or repurchase rate, is the rate at which RBI lends to banks for short periods. This is done by RBI buying government bonds ..... by 25 basisIn a futures market, basis is defined as the cash price (or spot price) of whatever is being traded

List of Committees Related to Banking & Finance in India

This Post is in Continuation with our previous post List of Various Committees & Their Focus AreaHere is the list of various Committees and their main Focus Areas A C Shah Committee:NBFC A Ghosh Committee:Final Accounts A Ghosh Committee:Modalities Of Implementation Of New 20 Point Programme A Ghosh Committee:Frauds & Malpractices In Banks Abid Hussain

Indian Money Market & Development of Banking in India

The money marketThe market encompassing the trading and issuance of short-term non-equity debt instruments, including treasury bills, commercial paper, bankers’ acceptance, certificates of deposits etc. The market ..... is a mechanism that deals with the lending and borrowing of short term funds or debt securities (bankers acceptances, commercial paperA short term promise to repay a

Q+A 4: Banking Exams Based Upon Interview Questions

What is the main function of Competition Commission of IndiaThe CCI (Competition Commission of India) whose predecessor was the MRTPC (Monopolies and Restrictive Trade Practices Commission) was established to eliminate practices that adversely affect .....?CCI is an independent body which become operational w.e.f. May 20, 2009 and is responsible for investigating the mergers, market shares

Punch Lines of major Banks in India

Hum Hai Na:ICICI Good People To Grow With: Indian Overseas Bank Good people to grow:State Bank Of India Tradition Of Trust:Allahabad Bank Trusted Family BankDena Bank Good People To Bank With:Union Bank Of India World's Local Bank:HSBC We Understand Your World:HDFC Much More To Do With YOU In Focus:Andhra Bank A Friend You Can Bank