Questions & Answers on Credit – Part 1
In this post, we will let you know about the basics of Credit and its related Questions and Answers. The following questions are directly asked many competitive examinations like JAIIB,…
FAQ on Positive Pay System
Reserve Bank of India (RBI) instructed all banks to implement Positive Pay System in order to safeguard customer money against Cheque frauds. It enables cheque issuing customer to reconfirm the…
How to link Aadhar with TNEB?
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) is a subsidiary of Tamil Nadu Electricity Board, which has given an announcement recently to link the customers Aadhar Card with their…
Multiple Choice Question on JAIIB – Part 3
JAIIB stands for Junior Associate of Indian Institute of Bankers which is a certificate exam specifically designed for Bankers and Finance professionals. IIBF (Indian Institute of Banking and Finance) is…
SGB 2016-17 Series III Premature Due on Nov17,2022
In terms of GOI Notification F.No.4(16) – W&M/2016 dated October 20, 2016 (SGB 2016-17 Series III – Issue date November 17, 2016) on Sovereign Gold Bond Scheme, premature redemption of…
What is Recurring Deposit (RD)?
Recurring Deposit is a most common type of investment where you can make regular monthly savings and earn interest. In RD, you are investing a sum of fixed amount on…