Core Banking-All about Core Banking
What is Core Banking Solutions/Services? Core banking is a general term used to describe the services provided by a group of networked bank branches. Bank customers may access their funds … Read More
Category: Banking Terms
Banking and Finance-Difference Between Monetary policy and Fiscal Policy
What is monetary policy? A Monetary policy is the process by which the government, central bank, of a country controls (i) the supply of money, (ii) availability of money, and … Read More
Banking Terms-Reverse Repo Rate
Reverse Repo Rate Reverse repo rate is the rate of interest at which the RBI borrows funds from other banks in the short term . This is done by RBI … Read More
GK for Bank Exams
1. Who presented the Union budget 2010-11 in Indian parliament – Pranab Mukherjee 2.Bear and Bulls related to – Stock Market. 3 Base rate will be implemented from – July … Read More
What is NEFT, RTGS and Inter Bank Transfer?
Inter Bank Transfer is a special service that allows you to transfer funds electronically to accounts in other banks. In India the Inter Bank Transfer is possible mainly through 2 … Read More
Stock Market Terms
Blue-Ship : Stock of well known companies with stable business. Bonds : Bond holder is the creditor of the company and normally bonds are issues with a minimum of 3 … Read More
Banking Quiz for Bank Exams
1. Which organization is capital market regulator? SEBI 2. What term is used for Money borrowed or lent for a day or overnight ? Call Money 3 . Which bank … Read More
Economic,Commercial,Trade,Banking Terms
ARBITRATION Referring dispute to disinterested party called arbitrator for decision, which will be binding. ANNUITY Payment of a fixed amount periodically for a limited time. It is an investment on … Read More
Economics Quiz-Commonly Used Banking Terms
Banking Terms 1. Providing credit facilities by more than one banks for single party with formal agreement with each other. What is this concept called? Consortium 2. Rate at which … Read More