BANKING AWARENESS

1.What is the full form of CRR as used in banking sector? a) Crucial Reserve Rate b) Cash Reserve Ratio c) Current Reserve Ratio  d) Core Cu...

1. Indian Commercial Banks are categorized into:  a) Public sector Banks  b)Foreign Banks  c) Private Sector Banks  d) All of the above  e)...

Nationalisation of Banks in India in Two stages:   On 19th July 1969, 14 Private Sector Banks Nationalised In first Phase by Late Indira Ga...

The number of Urban Cooperative Banks ( UCBs ) whose license was cancelled in the last three years are , 31 in 2009-10, 12 in 2010-11 and...

The RBI has directed State and Central co-operative banks not to give loans for purchase of gold in any form to curb the considerable inc...

Corporation Bank has rolled out two new types of savings accounts namely SB Super and SB Signature . A customer should maintain a minim...

30 Indian software product companies have decided to form a new association called the Indian Software Product Industry Round Table , or “...

The Telecom operator Aircel has launched a new service called ‘Mobile Money’ in collaboration with ICICI Bank and Visa to enable its cus...

The Union  Cabinet   gave its approval to the amendments to the National Bank for Agriculture and Rural Development (NABARD) Act 1981. ...

After a long gap of nine months, the Reserve Bank (RBI) has reduced the short-term lending rate by 0.25 per cent to 7.75 per cent and Cash...