Tag: Banking Awareness
Banking Awareness Question Day 22: Check detail about Micro, Small and Medium Enterprises
Micro, Small and Medium Enterprises (MSME)
The Ministry of Micro, Small and Medium Enterprises, a branch of the Government of India, is the apex executive...
Banking Awareness Question Day 22: Money Transfer Service Terms and Condition
Money Transfer Service Terms and Condition
There are many ways of transferring money from one bank account to another account.
There are three major means of...
Banking Awareness Question Day 21: Non-Banking Financial Company (NBFC)
Non-Banking Financial Company (NBFC)
Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances,...
Banking Awareness Question Day 20: Check Detail about MUDRA
Micro Units Development and Refinance Agency Bank (MUDRA)
MUDRA, which stands for Micro Units Development & Refinance Agency Ltd, is a financial institution being set...
Banking Awareness Question Day 19: What is ‘Money’?
Banking Awareness Question Day 19: Definition of Money
Money is an officially issued legal tender that typically consists of notes and coins. Money is the circulating medium of exchange as defined by...
Banking Awareness Question Day 18: Money Market Instruments – Definition, Types
Money Market Funds: List of money market investment schemes
The money market refers to trading in very short-term debt investments. At the wholesale level, it involves large-volume...
Banking Awareness Question Day 17: Check Detail about Monetary Policy
Banking Awareness Question Day 17: Check Detail about Monetary Policy in India
Monetary policy refers to the policy of the central bank with regard to...
Banking Awareness Question Day 16: The Monetary Policy Committee of India
Banking Awareness Question Day 16: Monetary Policy Committee of India
The Monetary Policy Committee is responsible for fixing the benchmark interest rate in India. The meetings of the Monetary Policy...
Banking Awareness Question Day 15: History of Banking In India
Banking Awareness Question Day 15: The Evolution of Banking in India
The banking system is considered the backbone of a nation's economy. Banking procedures were carried...
Banking Awareness Question Day 14: List of Indian Financial Organizations
List of Important Financial Institutions/ Organizations – Present Heads & Headquarters
IIFCL (India Infrastructure Finance Company Limited):
IIFCL is a wholly-owned Government of India company...
Banking Awareness Question Day 13: Types of Cards used in Banking System
Banking Awareness Question Day 13: Find Out About Different Types of Bank Card
There are many different types of debit and credit cards available and without...
Banking Awareness Question Day 12: Which was the first bank of India?
Banking Awareness Question Day 12: First in Banks, History of Banking in India in Brief
First Bank in India: - Bank of Hindustan
First...
Banking Awareness Question Day 11: Check Detail About The Different Types of Banks
Types of Banks in India - Category and Functions of Banks in India
Banks are financial institutions that perform deposit and lending functions. There are...
Banking Awareness Question Day 10: Banking Ombudsman Scheme (India)
Banking Ombudsman Scheme: Read the details here
Banking Ombudsman: is a quasi judicial authority fu2006, and the authority was created pursuant to a decision made by...
Banking Awareness Question Day 9: ATM (Automated Teller Machine)
Automated Teller Machine (ATM)- Overview, History
An automated teller machine (ATM) or cashpoint (British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash...
