1. What is RBI’s role with regard to conduct of Government’s banking transaction? In terms of Section 20 of the RBI Act 1934, RBI has the obligation to undertake the receipts and payments of the Central Government and to carry out the exchange, remittance and other banking operations, including theContinue Reading

Upcoming Bank Exams Bank Exams Bank Jobs / Positions Dates To Remember Remittance of  fee Apply On-line Application submission written Test Canara Bank Specialist Officers:150 20.04.2011 to 13.05.2011 20.05.2011 Aryavart Gramin Bank Office Assts:67 Officers:51 13.04.2011 to 12.05.2011 Office Assts:03.07.2011 Officers:10.07.2011 SKG Bank Office Assts:40 Officers:15 13.04.2011 to 12.05.2011 OfficeContinue Reading

A mutual fund is a professionally-managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities. Advantages and disadvantages of mutual funds Mutual funds have advantages compared to direct investing in individual securities. These include: Diversification Ability toContinue Reading