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 sense, the word ‘endorsement’ means, writing on back of an instrument. However under Negotiable Instruments Act 1881,Continue Reading
GK Question of the day : Which dance is popularly known as “Poetry in motion”? (a) Mohiniyattam (b) Kuchipudi (c) Bharatnatyam (d) Kathakali The correct answer is (c) Bharatnatyam. It is a highly traditional and stylized dance form of Tamil Nadu based on the principles of Natyashastra written by theContinue Reading
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 methods: NEFT – The acronym “NEFT” stands for National Electronic Funds Transfer. Funds are transferred to the credit account withContinue Reading
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 uses punch line “India’s International Bank” Bank of Baroda 4. Which bank uses punch line ” Trusted Family Bank”? DenaContinue Reading
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