Padmavati Controversy: Issue and Current Status

Here are some relevant questions and answers on Rani Padmini, Padmavati and ongoing controversy. What is the history of siege of Chittor? Mewar Kingdom was established by a Guhil chieftain Kal Bhoja aka Bappa Rawal in circa 728 AD. By ..

What is the meaning of Balloon Payment?

A Balloon Payment is a huge sum which is to be paid at the end of the balloon loan like a mortgage, commercial loan and even an amortized loan. It can be a part of both a fixed and flexible ..

GK & Current Affairs Quiz: November 30, 2017

GKToday’s Daily Quiz November 30, 2017 with questions and answers on Current Affairs and Important National and International events for SSC, Bank Clerical, Bank PO, State PSC, CLAT, Railway etc. Competitive Examinations.

What is Bank Rate?

Bank Rate is defined as the rate at which Central Bank gives loans to other domestic banks like commercial banks, cooperative banks, development banks etc. The loans are generally given on a short-term basis. It is the way the Central ..

What is Balance of Payments?

The Balance of Payments is defined as the synopsis of the transactions of the national economy with the rest of the world. The term covers all the transactions which are done between the residents and non-residents of the country encompassing ..

What is the meaning of automated underwriting?

Automated underwriting is a computerised loan underwriting decision. It is widely seen that screening and processing a loan application is a time-consuming process and is also prone to human errors. However, automated underwriting involves checking complete loan applications for retrieving ..