BANKING

DAILY QUIZ

ENGLISH

FRESH VACANCY

GK UPDATES

IBPS CLERK

IBPS PO

INTERVIEW PREP

RESULTS

SAMPLE PAPERS

SHORTCUTS

SSC

IBPS CLERK III

IMP. Banking Terms

1. Balance of Trade: The value of a countrys exports minus the value of its imports. Unless specified as the balance of merchandise trade, it normally incorporates trade in services, including earnings (interest, dividends, etc.) on financial assets.

IBPS Clerk III Notification

IBPS PO III

60% Marks Criteria Removed, Max Age to apply 30 years How to Fill Bank Preferences in IBPS PO III Apply Online IBPS PO III Notification

2. Balance of Payments: A list of all of a countrys international transactions for a given time period, usually one year. Payments into the country (receipts) are entered as positive numbers, called credits; Payments out of the country (payments) are entered as negative numbers called debits. A single numbers summarize all of a countrys international transactions: the balance of payments surplus. 3. MFN (Most Favoured Nation): The principle, fundamental to the GATT, of treating imports from a country on the same basis as that given to the most favoured other nation. That is, and with some exceptions, every country gets the lowest tariff that any country gets, and reductions in tariffs to one country are provided also to others. 4. Balanced Budget: A government budget surplus that is zero, thus with net tax revenue equaling expenditure. A balanced budget changes in policy or behavior is one which a component of the government budget, usually taxes, is adjusted as necessary to maintain a balanced budget.

NICL AO VACANCIES (1434 POSTS)

Last Date Extended Doubts Clarified Notification

IBPS RRBS RECRUITMENT

Apply Online Doubts Clarified - II Doubts Clarified (IBPS RRB Recruitment) RRB's Notification Out

GET GK UPDATES, FRESH VACANCY ALERTS ON EMAIL

Enter your email address:

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

RBI ASSISTANTS : 525 POSTS

5. Balanced Growth of an Economy: Growth of an economy in which all aspects of it, especially factors of production, grow at the same rate. 6. Bank Rate: The interest rate charges by a central bank to commercial banks for very short term loans. Current Bank Rate 10.25% 7. Repo: Repo is Repurchase Agreement. An agreement to sell a security for a specified price and to buy it back later at another specified price. A repo is essentially a secured loan. 8. Repo Rate: Whenever the banks have any shortage of funds they can borrow it form RBI. Repo rate is the rate at which commercial banks borrows rupees from RBI. A reduction in the repo rate will help banks to get money at cheaper rate. When the repo rate increases borrowing form RBI becomes more expensive. Current Repo Rate is: 7.25% 9. Reverse Repo Rate: Reverse Repo rate is the rate at which RBI borrows money from commercial banks. Banks are always happy to lend money to RBI since their money is in the safe hands with a good interest. An increase in reverse repo rate can cause the banks to transfer more funds to RBI due to this attractive interest rates. Current R Repo Rate: 6.25% 10. CRR (Cash Reverse Ratio): CRR is the amount of funds that the banks have to keep with RBI. If RBI increases CRR, the available amount with the banks comes down. RBI is using this method (increase of CRR), to drain out the excessive money from the banks. Current CRR 4% 11. SLR (Statutory Liquidity Ratio): SLR is the amount a commercial banks needs to maintain in the form of cash, or gold, or govt. approved securities (Bonds) before providing credit

Subscribe

Written Test Result Share your exam experience Special GK Capsule for Exam Doubts Clarified Detailed Notification Exam Pattern Fresh Vacancy Announcement

THOUGHT OF THE DAY

"The period of greatest gain in knowledge and experience is the most difficult period in one's life." - Dalai Lama

SEARCH YOUR TOPIC HERE

Search

2600 VACANCIES IN GENERAL INSURANCE COMPANIES

JOIN A BANK POWER PROGRAM

Special GK Capsule for Exam Download Admit Card for Written Test Last date to apply extended Role of Insurance Assistant Doubts Clarified Notification

SBI PO Interview Batches SSC Tier - II Batches Online Test Series (@Rs.945) Bank PO Correspondence Course SSC Correspondence Course Bank PO Classroom Program SSC Classroom Program Specialist Officer Batches Attend A Free Workshop At Bank Power

IBPS SPECIALIST OFFICER

Final Allotment Result Common Interview Results Share your Interview Experience Common Interview Notification Scores of Written Test Written Result

RECENT COMMENTS

Anonymous commented on Rbi Assistants Written Test Result Out: who told u 174 is the cutoff?? Sandeep commented on Ibps Clerk Iii Notification Out: can u

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Written Result How was IBPS Specialist Officer Paper? Download Call Letter Marketing Officer Sample Paper IT Officer Syllabus HR Officer Syllabus Detailed Notification Specialist Officer Notification

cash, or gold, or govt. approved securities (Bonds) before providing credit to its customers. SLR rate is determined and maintained by RBI in order to control the expansion of the bank credit. Current SLR is 23% Need of SLR: With the SLR, the RBI can ensure the solvency of a commercial banks. It is also helpful to control the expansion of the Bank credits. By changing SLR rates, RBI can increase or decrease bank credit expansion. Also through SLR, RBI compels the commercial banks to invest in the government securities like govt. bonds. Main use of SLR: SLR is used to control inflation and propel growth. Through SLR rate the money supply in the system can be controlled effectively. 12. Fiscal Deficit: A deficit in the government budget of a country and represents the excess of expenditure over income. So this is the amount of borrowed funds require by the government to meet its expenditures completely. 13. Direct Tax: A direct tax is that which is paid directly by someone to taxing authority. Income tax and property tax are an examples of direct tax. They are not shifted to somebody else. 14. Indirect Tax: This type of tax is not paid by someone to the authorities and it is actually passed on to the other in the form of increased cost. They are levied on goods and services produced or purchased. Excise Tax, Sales Tax, Vat, Entertainment tax are indirect taxes. 15. NOSTRO Account: A Nostro account is maintained by an Indian Bank in the foreign countries. 16. VOSTRO Account: A Vostro account is maintained by a foreign bank in India with their corresponding bank. 17. SDR (Special Drawing Rights):

inform me ab out icici po manipal exam pattern .pls reply my exam on 18th aug Sandeep commented on Probationary Officer Openings At Icici: can u inform me ab out icici po manipal program. My exam is on 18th aug. pls reply me. Betu commented on Ibps Clerk Iii Notification Out: yes, here is the link http://www.rb i.org.in/home.aspx Anonymous commented on Rbi Assistants Written Test Result Out: tera ko pata chal gaya na mai kya kehana chati ho to us ka hi ans kar.
Recent Comments Widget

SBI PO 2013

Final Result Written Test Result Expected Cut-Offs and Analyis Post Exam Discussion Last Minute Tips (Exam Strategy) SBI GK Power Capsule Descriptive Topics Written Exam Call Letter-Download Apply Online (SBI PO) Detail Notification

POPULAR POSTS

GK & Current Affairs Capsule (July 2013) IBPS Clerk III Notification Out DAILY GK UPDATE 10TH AUGUST IMP. Banking Terms How to Fill Bank Preferences in IBPS PO III DAILY GK UPDATE 11-12TH AUGUST DAILY GK UPDATE 8TH AUGUST DAILY GK UPDATE 9TH AUGUST

IBPS CLERK 2012

FInal Allocations, CutOffs Fill Your Bank Preference IBPS Clerk II: Vacancies Notification IBPS Clerk II: Interview Result

open in browser PRO version

Share your Interview

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Share your Interview Experience Common Interview Schedule and Call letter download Score Card - IBPS Clerk II Results - CWE Clerk II Feedback on IBPS Clerk (22 & 23 Dec) Feedback on IBPS Clerk (15th & 16 Dec) Best of Luck for IBPS Clerk 2012: Last Minute Tips GK Power Capsule for IBPS Clerk 2012 Current Affairs and GK Updates for Nov IBPS Clerk 2012 Call Letter IBPS Clerk Notification Changes in Selection Process Important Dates IBPS Recruitment Guidelines

SDR are new form of International reserve assets, created by the International Monetary Fund in 1967. The value of SDR is based on the portfolio of widely used countries and they are maintained as accounting entries and not as hard currency or physical assets like Gold.

Financial Awareness Power Capsule for RBI Grade B Exam Karur Vysya Bank Assistant Manager Recruitment 2013

Like

18,627 people like this. Sign Up to see what your friends like. MOST COMMENTED

Labels: Banking, Banking and Current Affairs, Banking Aw areness, BANKING CONCEPTS

IBPS PO III Announced, Exam in October (495 comments) RBI Assistant Exam - Share Your Exam Experience (346 comments) NICL - Insurance Asisants Exam: Share your experience (273 comments) IBPS Specialist Officer Interview Result (248 comments) IBPS PO II: Second Round of Allotment (242 comments) Breaking News: 60% marks criteria removed and age criteria extended to 30 years in IBPS PO III (232 comments) SBI PO Written Test Result Out (221 comments) BOB Manipal PO Result Out 2013 (180 comments) Changes in IBPS PO III Criteria and BankersAdda (174 comments)

17 comments:
Anonymous 9 August 2013 00:48 capsule ki kahi thi .......... ........ ....... bk mc .. .........treatment kralo lo sharm ji Reply Replies Anonymous 9 August 2013 01:30 gali galoch karna jaruri hai kya?

IBPS PO 2012

IBPS PO II: Second Round of Allotment IBPS PO 2: Revised Allocation and Cut-offs New Allocation by March End Final Allotment Cancelled IBPS PO 2 - Final Allotment Register Bank Preference

Reply

Anonymous 9 August 2013 00:52 Admin plz Post the head of the Indian public sector organization and international organization Plz Reply

IBPS Specialist Officer: Final Allotment Result Declared (168 comments)

+Grab This

RBI ASSISTANTS EXAM: HOW MUCH WAS YOUR ATTEMPT?

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Preference Preference List (Sample) Scores Analysis Common Interview Result Preference Notification List of Vacancies in IBPS PO 2012 Discuss Interview Experience Common Interview Schedule Check Your Score (IBPS PO 2012) Cut-Off Marks IBPS PO Results Out! Important dates Mohit 9 August 2013 05:00 NICL Assistant written exam result out. Thanx God I am in. check yours also. Congrats to all those who have cleared. Reply Replies Anonymous 9 August 2013 05:17 hahaha tu phir aa gaya rumors failaane... guys dont beleve on this fake news...! dis guy is actually insane and trying to waste our precious tym..so avoid it! :-) Anonymous 9 August 2013 01:51 dear admin please, upload current financial news Reply Anonymous 9 August 2013 01:28 Main use of MSF?? Reply

Less than 120 Between 120-130 Between 130-140 Between 140-150 Between 150-160 Between 160-170 170 + Vote Show results

Votes so far: 4457 Days left to vote: 346

IBPS BANK EXAMS IMPORTANT INFO

Special GK Updates (June 2013) Special GK Updates (May 2013) Special GK Updates (Apr 2013) SBI PO GK Power Capsule Special GK Updates

NICL INSURANCE ASSISTANTS EXAM: HOW MANY QUESTIONS DID YOU ATTEMPT?

Anonymous 9 August 2013 09:09

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Special GK Updates (Mar 2013) Special GK Updates (Feb 2013) Union Budget 2013-14 Economic Survey 2012-13 Rail Budget 2013-14 GK Update (Jan 2013) Special GK Updates (Dec) Special GK Updates (Nov) Special GK Updates (Oct) IBPS RRB PO Results Out! Monthly GK Capsule (Sept) Special GK Updates for SBI Clerk Exam Special GK Updates August 2012 IBPS RRB Officer Exam - Sample Paper Special Current Affairs Capsule for IBPS RRB Special GK Updates (IBPS) - July IBPS PO 2011 - Actual Paper IBPS Clerk 2011 Actual Paper IBPS Bank PO 2012 Syllabus Category Certificate Formats Reply

Anonymous 9 August 2013 09:09 mohit ji is tarah ki bakchodi mat kiya karo result north east ka aya hai

Less than 70 Between 70-80 Between 80-90 Between 90-100

Krishna Kulkarni 9 August 2013 21:39 YAAR NICL KE GENERAL AWARENESS KE LIYE KUCH STUDY MATERIAL UPLOAD KARO. AUR KONSE GENERAL AWARENESS SECTION PER JYADA FOCUS KARE.

Between 100-110 More than 110 Vote Show results

Votes so far: 2953 Days left to vote: 340

Anonymous 9 August 2013 23:56 bank rate ka defination wrong h.......... check it Reply Replies Neha 10 August 2013 01:58 App ke comment me ek word ki spelling wrong hai....... check it

UNITED INDIA INSURANCE PAPER: HOW MUCH DID YOU ATTEMPT?

Less than 100 Between 100-110 Between 110-120 Between 120-130 Between 130-140 Between 140-150 Between 150-160 More than 160

Vivek Singh 10 August 2013 05:29 Dear Sir, Definition of Bank rate are not correct...its quite different..please elaborate it,otherwise it will create confusion..so which you have mentioned above.please edit and rectify asap. regards

Vote

Show results

Votes so far: 1879 Days left to vote: 291

HOW MUCH DID YOU ATTEMPT IN SSC CGL (19-MAY)?

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Character Certificate Format Promotions in PSU Banks Sabbatical Leave Policy for Women Bond Enforcement in PSU Banks Economic Survey 2011-12 Key RBI Policy Rates Union Budget 2012: Highlights Important Marketing Terms-SBI Clerk Important Banking Terms Reply

regards Less than 90 Between 90-100 Anonymous 10 August 2013 11:10 its correct.base rate is different from bank rate Between 100-110 Between 110-120 Between 120-130 Between 130-140 More than 140 Anonymous 10 August 2013 08:49 banking term ka pdf mil sakta hai Reply Vote Show results

Votes so far: 2150 Days left to vote: 284

Anonymous 10 August 2013 11:33 Can please any one tell ki nicl ka result kahan aya..hai..muje site pe dikh nii ra...please help Reply Replies kamakshya Dalai 10 August 2013 22:49 Nicl's website pe aaya hai. But it is only for North-east candidates.

Anonymous 10 August 2013 23:26 wo to koi special recruitment drive huyi hogi north east walo ke liye unka result aaya hai hamara wala abhi nahi aaya
SBI PO: HOW MUCH WAS YOUR ATTEMPT?

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Less than 100 Reply Between 100-110 Between 110-120

Enter your comment...

Between 120-130 Between 130-140 Between 140-150 More than 150 Vote Show results

Comment as: Select profile... Publish Preview

Votes so far: 5643 Days left to vote: 263

HOW WAS SSC CGL 2013 EXAM (AFTERNOON SHIFT)?

Easy Newer Post Home Older Post Average Difficult Very Difficult Vote Show results

Subscribe to: Post Comments (Atom)

Votes so far: 2896 Days left to vote: 256

HOW MUCH WAS YOUR ATTEMPT IN SSC CGL (MORNING SHIFT)?

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Less than 80 Between 80-90 Between 90-100 Between 100-110 Between 110-120 Between 120-130 More than 130 Vote Show results

Votes so far: 2495 Days left to vote: 256

HOW MUCH WAS YOUR ATTEMPT IN SSC CGL (AFTERNOON SHIFT)?

Less than 80 Between 80-90 Between 90-100 Between 100-110 Between 110-120 Between 120-130 More than 130 Vote Show results

Votes so far: 1990 Days left to vote: 256

HOW WAS SSC CGL 2013 EXAM (MORNING SHIFT)?

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Easy Average Difficult Very Difficult Vote Show results

Votes so far: 1628 Days left to vote: 256

WHO SHOULD BE INDIA'S NEXT PRIME MINISTER?

Rahul Gandhi Narendra Modi L K Advani Sushma Swaraj Nitish Kumar Manmohan Singh Vote Show results

Votes so far: 7552 Days left to vote: 244

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Bankers Adda
Like 18,627 people like Bankers Adda

Fac ebook s oc ial plugin

IBPS RRB EXAM

RRB Detailed Notification IBPS RRB Exam Guidelines Ellegibility Criteria for RRB Exam Structure of IBPS RRB Exam Application Fee for IBPS RRB IBPS RRB Notification

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

TOTAL PAGEVIEWS

12,567,104
+35 Recommend this on Google

WHICH IS THE MAIN EXAM YOU ARE TARGETING?

IBPS PO IBPS Clerk SSC PO + SSC All Government Job Any job (Private of Govt) Votes so far: 2378 Poll closed

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

HOW MUCH PREPARATION, DO YOU THINK IS NEEDED TO GET THROUGH A BANK PO JOB?

Less than 3 months 3 - 4 Months 4 - 6 Months More than 6 Months Votes so far: 1331 Poll closed

(c) Bankers Adda 2013. Powered by Blogger.

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com