Market Downslide

MARKET DOWNSLIDE The Global market is very vulnerable when it comes to certain factors that govern it. Any new changes in government policy of a country, any war declared by any country, any new trade agreements between countries, any natural calamities or any other global changes can create an imbalance in the world economy. A country like US which has more than150 companies listed on the Global Fortune500 list is a huge market compared to other countries. Most of those big time players are Wal Mart, Exxon Mobil, General Motors, Citi group, Daimler Chrysler, GE, JP Morgan, Bank of America. All of which are the biggest corporations in the US. These corporations have funds circulating all around the world , in fact in most of the Indian companies as well. These companies try to buy stocks of small & medium companies in various other markets. Therefore these huge corporations are know as foreign investors. All other markets like Europe, Middle East & Asia( EMEA), Australia , Japan are

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all dependent on the North American market ( US). Thus the idea is very simple. If US goes down the rest will also fall. The strongest currency till date is the US Dollar .This is because half of the international trade is done in US Dollars, Thanks to major banks like Citi group, HSBC & JP Morgan which acts as an Automated Collection House for various other National banks. Even Canara bank in India uses their service to wire transfer money to other countries

Investment management High net worth individuals like the CEOs , Vice presidents, Celebrities, Political leaders can all have personal investment banker to do trade on their behalf. And everyone is trusting the investment bankers calculations. The Cause The main cause was due to the all life live on debt attitude of the average American. The US lending system is typically based on their repayment credibility. This is slowly being implemented in most of the developing third world countries like India &...
Sample Paper of General Awareness Related to Banking 1) Bank Rate implies the rate of Interest 1) Paid by the reserve Bank of India on the deposit of Commercial Banks 2) Charged by Banks on Loan and Advances 3) Payable on Banks 4) At which the Reserve Bank of India discounts the bill of Exchange.

2) Which bank in India performs the duties of Central Bank ? 1) Central Bank of India 2) State Bank of India 3) Reserve Bank of India

4) Above (a) and (c)

e-commerce (electronic commerce or EC)

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E-commerce (electronic commerce or EC) is the buying and selling of goods and services on the Internet, especially the World Wide Web. In practice, this term and a newer term, ebusiness, are often used interchangably. For online retail selling, the term e-tailing is sometimes used. E-commerce can be divided into:

E-tailing or "virtual storefronts" on Web sites with online catalogs, sometimes gathered into a "virtual mall" The gathering and use of demographic data through Web contacts Electronic Data Interchange (EDI), the business-to-business exchange of data E-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters) Business-to-business buying and selling The security of business transactions

E-tailing or The Virtual Storefront and the Virtual Mall As a place for direct retail shopping, with its 24-hour availability, a global reach, the ability to interact and provide custom information and ordering, and multimedia prospects, the Web is rapidly becoming a multibillion dollar source of revenue for the world's businesses. A number of businesses already report considerable success. As early as the middle of 1997, Dell Computers reported orders of a million dollars a day. By early 1999, projected

e-commerce revenues for business were in the billions of dollars and the stocks of companies deemed most adept at e-commerce were skyrocketing. Although many so-called dotcom retailers disappeared in the economic shakeout of 2000, Web retailing at sites such as Amazon.com, CDNow.com, and CompudataOnline.com continues to grow. Market Research In early 1999, it was widely recognized that because of the interactive nature of the Internet, companies could gather data about prospects and customers in unprecedented amounts -through site registration, questionnaires, and as part of taking orders. The issue of whether data was being collected with the knowledge and permission of market subjects had been raised. (Microsoft referred to its policy of data collection as "profiling" and a proposed standard has been developed that allows Internet users to decide who can have what personal information.) Electronic Data Interchange (EDI) EDI is the exchange of business data using an understood data format. It predates today's Internet. EDI involves data exchange among parties that know each other well and make arrangements for one-to-one (or point-to-point) connection, usually dial-up. EDI is expected to be replaced by one or more standard XML formats, such as ebXML. E-Mail, Fax, and Internet Telephony E-commerce is also conducted through the more limited electronic forms of communication called e-mail, facsimile or fax, and the emerging use of telephone calls over the Internet. Most of this is business-to-business, with some companies attempting to use e-mail and fax for unsolicited ads (usually viewed as online junk mail or spam) to consumers and other business prospects. An increasing number of business Web sites offer e-mail newsletters for subscribers. A new trend is opt-in e-mail in which Web users voluntarily sign up to receive e-mail, usually sponsored or containing ads, about product categories or other subjects they are interested in. Business-to-Business Buying and Selling Thousands of companies that sell products to other companies have discovered that the Web provides not only a 24-hour-a-day showcase for their products but a quick way to reach the right people in a company for more information. The Security of Business Transactions Security includes authenticating business transactors, controlling access to resources such as Web pages for registered or selected users, encrypting communications, and, in general, ensuring the privacy and effectiveness of transactions. Among the most widely-used security technologies is the Secure Sockets Layer (SSL), which is built into both of the leading Web browsers.

3) RBI was Nationalized in 1)1959 2)1947 3)1945 4)1949 4) One Rupee note in India is Signed by 1) RBI Governor 2) Union Finance Minister 3) Secretary , Finance Ministry 4) Secretary , Commerce Ministry 5) The Headquarters of Asian Development Bank(ADB) is at 1) Singapore 2) Manila 3) Hong Kong 4)Tokoyo 6) Cheque which is crossed can be encashed only 1) Through Reserve Bank of India 2) Through the Payee 3) Through any Bank 4)None of these 7) The Head quarter of RBI is in 1) Delhi 2) Kanpur 3) Mumbai 4) Nasik 8) The Nationalization of 14 Major commercial bank took place 1) 1947 2) 1956 3) 1969 4) 1980 9) Which of the Following Statement is True ? 1) Banks Cannot Accept demand and time deposit from public. 2) Banks Can accept only demand deposits from public 3) Banks Can accept only Time deposits from public 4)Banks Can accept demand and time deposits only from Govt. 10) Which of the Following Statement is Correct Statement ? 1) State Bank of India is the sole Authority to issue and manage currency in India 2) A nationalized bank is the sole Authority to issue and manage currency in India 3) A Cooperative Bank is the sole Authority to issue and manage currency in India 4) RBI is the sole Authority to issue and manage currency in India 5) None of These 11) Interest payable on Saving Bank accounts is 1) not regulated by RBI 2) regulated by State Govt. 3) regulated by Central Govt 4) regulated by RBI

5) regulated by Finance Minister 12) The Usual deposit account of bank are 1) Current account , Electricity account and Insurance Premium Account. 2) Current account , Post Office Saving Bank accounts and term deposit accounts. 3) Loan accounts , Saving bank accounts and term deposit accounts. 4) Current accounts , Savings bank accounts and term deposit account. 5) Current Bill accounts and term deposit account. 13) Fixed Deposits and recurring deposits are 1) Repayable after an agreed period 2) Repayable on demand 3) not Repayable 4) Repayable after death of depositors 5) Repayable on demand or after an agreed period as per bank choice 14) Accounts are allowed to be operated by cheques in respect of 1) Both Savings bank account and fixed deposit account. 2) Savings bank account and current accounts. 3) Both Savings bank account and Loan account. 4) Both Savings bank account and Cash account 5) Both current accounts and fixed deposit account. 15) Mortgage is a ------1) Security on movable property for a loan given by the bank. 2) Security on immovable property for a loan given by the bank. 3)Concession on immovable property for a loan given by the bank. 4) Facility on immovable property for a loan given by the bank. 5) Security on immovable property for a deposit received by a bank. 16) Banks in our Country normally publicise that additional interest rate is allowed on retail domestic term deposit of 1) Minors 2) Married Women 3) Senior Citizens 4) Govt. Employees. 5) Rural residents 17) Which of the following is the cross selling by banks ? a) Sale of Debit Card to a Credit Card holder b) Sale of Insurance Policy to a Depositor c) Issuance of Cash against cheque presented by the third party 1) 2) 3) 4) 5) Only 1 Only 2 Only 3 Both 1 & 3 All 1, 2 & 3

18) When a bank returns a cheque unpaid, it is called 1) Payment of the cheque 2) Drawing of the cheque 3) Cancelling of the cheque 4) Dishonor of the cheque 5) Taking of the cheque

19) Which of the following type of account are known as the 'Demat' Account' ? 1) Accounts which are zero balance account. 2) Account which are opened to facilitate repayment of a loan taken from the bank.No other business can be conducted from there. 3) Accounts in which shares of various companies are traded in electronic form. 4) Accounts which are operated through internet banking facility. 5) None of these. 20 ) NEFT means 1) National electronic funds transfer system 2) Negotiated efficient fund transfer solution. 3) National efficient fund transfer system. 4) Non effective fund transfer system 5) Negotiated electronic foreign transfer system. 21) Interest on savings bank account is now calculated by banks on 1) Minimum balance during the month. 2) Minimum balance from 7th to last day of month. 3) Minimum balance from 10th to last day of month. 4) Minimum balance during the month. 5) Daily product basis Answers 1) 4 2) 3 3) 4 4) 3 5) 2 6) 3 7) 3 8) 3 9) 2 10) 4 11) 12) 13) 14) 15) 16) 17) 18) 19) 20) 4 4 2 2 2 3 2 4 3 1 21) 5