NACH- NPCI has implemented National Automated Clearing House
National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for Banks, Financial Institutions, Corporates and Government a web based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature. NACH System can be used for making bulk transactions More...
Mutual Funds and Online trading accounts.Frequently Asked Questions and Answers
Definition of ‘Mutual Fund’ Definition: A mutual fund is a professionally-managed investment scheme, usually run by an asset management company that brings together a group of people and invests their More...
What is a Bitcoin .all about cryptocurrency
Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running More...
What is UPI and How to perform a UPI Transaction
Unified Payments Interface (UPI) is a payment system launched by National Payments Corporation of India and regulated by the Reserve Bank of India which facilitates the instant fund transfer between two bank accounts More...
Bank Interview Questions: 40 Plus Question Asked during Interview Process
Tell me about yourself. What are your greatest strengths? What are your greatest weaknesses? Why are you leaving (or did you leave) this position? Why should I hire you? Aren’t you overqualified for this position? Where More...
Stock Market Terms Glossary and Trivia
Here’s a glossary of stock market terms, suitable for beginners. Stock :Ownership of a corporation indicated by shares, which represent a piece of the corporation’s assets and earnings. Current assets : More...
Banking Quiz from General knowledge today
Banker Banking is accepting for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise and withdrawable by cheque, draft or otherwise. Endorsement In literal More...
IBPS Clerk CWE 2012 -Do you Know ?
About IBPS Bank financial Competitive Admission Testing Learning Skill India Exercise Technology Banking Recruitment Talent Computer Educational Behavioral Skills. The magnificence of IBPS has stood over 40 years. More...
All about TAN or Tax Deduction and Collection Account Number
1. What is TAN? TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory More...
Facts About Term Life Insurance
Term life insurance plan provides life cover to an individual. In simple terms, a lump sum amount (Sum Assured) is paid to the family members on demise of life insured. For the life cover, the life insured has to More...