Showing posts with label Articles On Banking. Show all posts
Showing posts with label Articles On Banking. Show all posts

Monday 9 May 2016

Rules Of Grammar | Part - 7 | Study Notes



1. Use of ‘when’ and ‘while’: Proper attention must be paid to these words. ‘when’ indicates a general sense and ‘while’ implies a time during the process of doing a work.

Wednesday 4 May 2016

Cube root tricks | Quant | Study Notes

I asked the mirror who can be my best teacher.....It surprisingly showed my face. :)

Monday 21 March 2016

Cheque - A Brief Introduction And Requisites



Cheque - Sec.6 of the Negotiable Instruments Act defines a cheque as "A bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand". A cheque is defined as a bill of exchange. But it is different from a bill in many aspects. 

Tuesday 15 March 2016

ARTICLE - TYPES OF CARDS

                        Types Of Cards Issued By Banks 


      There are several different types of cards issued by the banks which allows you to access your money. Current accounts usually include the option of an ATM card and often a debit card. Most banks offer both ATM and debit facilities on the one card.
        
The debit card has been around since 1966, which means banks have had a lot of time to figure out new ways to charge you for using your own money.Let’s discuss about different Payment cards and its features of each type of card for better understanding:

Monday 29 February 2016

SHORT NOTE ON BUDGET: 2016 - 2017

Hello Readers, 
As you know today Union Budget 2016 - 2017 is presented by our Financial Minister Mr. Jaitley in the Parliament . So here we are providing you some important points which can be asked in various competitive exams this year. Finance Minister Arun Jaitley presents his third Union Budget. With an eye on supporting the small tax-payer and the small investor, the Minister announced a slew of schemes, and income tax exemptions.

Saturday 20 February 2016

ARTICLE - ATM and CREDIT CARDS

Automated Teller Machine (ATM) 


Introduction -

The Automated Teller Machine (ATM) is a machine which facilitates basic banking activities viz, withdrawal of money, depositing money and checking of one’s own balances etc. ATM does most of the functions of cashier in the bank. ATM is operated by plastic card issued by the bank which is called as ATM Card, with it special features. This plastic ATM Card is replacing

Thursday 18 February 2016

Abbreviations in News - Study Notes

Hello Readers,
A Very Good Morning to Everyone. Here we are posting a short note on Abbreviations which are in news recently which can be asked in Coming Exams. Go through it. Happy Reading.


  • GIAN: Global Initiative on Academic Network
  • ESA: Endangered Species Act
  • AISHE: All India Survey on Higher Education 

Tuesday 16 February 2016

Some Studies and their Inventors - Study Notes

Good morning readers, 

Here we give you the important aspects of some studies and their fathers/mothers. This will be very helpful for the upcoming LIC, RAILWAY and SSC exams. Happy reading.

Thursday 11 February 2016

Study Notes - Insurance Principles

lic aao-BASIC PRINCIPLES OF INSURANCE


SEVEN INSURANCE PRINCIPLES:
Principal of Utmost Good Faith
  • Both parties, insurer and insured should enter into contract in good faith
  • Insured should provide all the information that impacts the subject matter
  • Insurer should provide all the details regarding insurance contract

Sunday 7 February 2016

STUDY NOTES - MONETARY POLICY


                                                         RBI & Monetary Policy:


Monetary policy refers to the use of instruments under the control of the central bank to regulate the availability, cost and use of money and credit. The main objectives of monetary policy in India are:

Tuesday 2 February 2016

CLASSROOM INSURANCE PDF FOR LIC AAO - 2016

                                             

                                                   INSURANCE PDF (LIC AAO)


Hello Friends,
As you know LIC is going to conduct AAO written exams in March on various dates. All of you must be in worry, how to get a good score in Gk section. So, here we are Posting Our first PDF - "INSURANCE PDF" which can help you in your preparation. We know its little earlier but a great saying says "A Early Bird Catches The Worm". Go through this PDF, many terms related to Insurance Industry explained very well. This PDF is Prepared By - Mr Lambodar B. Happy Reading...!!

Saturday 30 January 2016

YOU MUST KNOW ABOUT "UNIT BANKING SYSTEM"



Unit Banking - Its Merits and Demerits


The Unit Banking system is that system of banking under which an individual bank carries on banking business either through a single office or through a few offices operating within a limited area (Note: unit - single, remember like that) . In this system, independent, isolated units perform banking business. The size and are of operation of unit banking are much smaller when compared to branch banking. Unit banking system originated and grown in the U.S.A. Different unit banks in the U.S.A are linked with each other financial centers in the country through "Correspondent Banking".

Thursday 28 January 2016

Study Notes - INDIAN RAILWAYS ACCOMMODATION CLASSES


CLASSFEATURES
1A – First Class AC
  • Most expensive class, where the fares are almost at par with air fare
  • AC First Class coach has Eight cabins (including two coupes)  and three cabins (including one coupe) in the half AC First Class coach
  • To help the passengers there will be an attendant.

Monday 25 January 2016

STUDY NOTE - NATIONAL SYMBOLS OF INDIA

1. National Flag
National Flag consists of three colours
a. Saffron(Kesariya) at top
b. White in the middle
c. Dark green at bottom
All three colors are in equal proportion
Ratio of width to length is 2:3.

Sunday 6 December 2015

List of Latest schemes and apps launched by banks 2015

                    


                      List of Latest schemes and apps launched by banks 2015


Hello Readers,
  Here we are posting some apps launched by different banks in this current year 2015. Hope this will helpful.