Wednesday, 5 November 2014
Monday, 14 July 2014
Bank Rate/Repo Rate/ Bank Rate Vs Repo Rate / Reverse Repo Rate / Cash Reserve Requirement
Bank Rate:
Bank rate is the rate at which the central bank provides money to the other financial institutions or banks. Bank rate enables the financial institutions (or banks) to borrow money from the central bank to fund any money need. Increase in bank rate leads to higher prime lending rate, the rate at which financial institutions lends money to other entities. So by increasing bank rate, the central bank can increase the interest rate in the market and reduce the demand. At the same time, as the lending becomes dearer, it reduces the lending by the financial institutions. Because of these two reasons bank rate hike is used to tame inflation.
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SSC
Friday, 11 July 2014
Daily GK Update : 11 July 2014
Delhi has become the world’s second most populous city in 2014, as per the World Urbanisation Prospects report published by the UN yesterday. Population in Delhi jumped more than 100% since 1990 to nearly 25 million now. As per the report, India is projected to add the highest number of people to its urban population by 2050, ahead of China.
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Previous questions of Bank PO on English
Directions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.
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Computer Knowledge Quiz for Bank PO
Dear Aspirants,
Computer Knowledge / Awareness questions for Bank PO Exams: Previous year’s questions from Bank PO and clerk exams are very important as they frequently appear in bank exams papers. Attempt previous year’s questions given here.
1. The purpose of the primary key in a database is to
(a) unlock the database
(b) provide a map of the data
(c) uniquely identify a record
(d) establish constraints on database operations
(e) None of the above
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Banking Awareness Quiz for IBPS PO 2014
Which entity/organization works as central processing agent in RTGS?
A) Reserve Bank of India
B) Institute for Development & Research in Banking Technology
C) Indian Financial Network
D) Indian Banks Association
Which facility was set up by State bank of India on recommendation of Iyer Committee in 1991?
A) RTGS
B) NEFT
C) BANKNET
D) Rupaya
A) Reserve Bank of India
B) Institute for Development & Research in Banking Technology
C) Indian Financial Network
D) Indian Banks Association
Which facility was set up by State bank of India on recommendation of Iyer Committee in 1991?
A) RTGS
B) NEFT
C) BANKNET
D) Rupaya
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Old Papers
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How many Types of Bank Cards is available
Banks provide many types of cards to the customers depending on requirement. There can be overlaps between these classifications based on the combinations of services offered by these cards.
Credit Card
This is one of the oldest types of cards issued since 1950‘s. through credit card, the card holder enjoys some credit limit and can use the card to pay bills and withdraw funds within the credit limit. Basic characteristics of credit cards
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Banking
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Banking Awareness
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IBPS Clerk III
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Wednesday, 2 July 2014
Daily GK Update : 01 July 2014
1. India’s largest bank State Bank of India has launched six digital branches across the country
as a part of its programme to offer next generation banking solutions to the mobile and internet-savvy customer base. These branches are located in Delhi, Mumbai, Bangalore, Chennai and Ahmedabad. One of such branches in Delhi was inaugurated this morning by Finance Minister Arun Jaitley Named as sbiINTOUCH, these branches will have digital banking capabilities, which include instant account opening with personalized debit cards, instant loan approvals
as a part of its programme to offer next generation banking solutions to the mobile and internet-savvy customer base. These branches are located in Delhi, Mumbai, Bangalore, Chennai and Ahmedabad. One of such branches in Delhi was inaugurated this morning by Finance Minister Arun Jaitley Named as sbiINTOUCH, these branches will have digital banking capabilities, which include instant account opening with personalized debit cards, instant loan approvals
Thursday, 26 June 2014
IBPS PO III Expected CUT OFF Section Wise
BELOW IS THE DETAILED TABULAR PRESENTATION OF EXPECTED SECTION WISE IBPS PO (MT) 2013 CUT OFF:
| Test name | Maximum marks | Expected Cutoff marks |
| Reasoning | 50 | 35 to 40 |
| English language | 40 | 23 to 27 |
| Quantitative Aptitude | 50 | 32 to 37 |
| General Awareness | 40 | 22 to 25 |
| Computer Knowledge | 20 | 12 to 17 |
| Total | 200 | 124 to 146 marks |
IBPS PO 2013 General Awareness Questions
- Current bank Rate ?
- Person who invented mouse died ?
- Chairman of federal reserve ?
- Who is not a MP(options-Amitab bachan,dharmendra,etc) ?
- About SARFAESI act ?
- Loan limit for housing to a person in metropolitan city ?
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