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GDP – Gross Domestic Product. NBFC – Non banking finance company. Bear and Bulls related to – Stock Market. SDR (Special Drawing Rights) issued by – IMF. Chairman of 13 th finance commission – Vijay Kelkar. Financial Inclusion (ववववववव ववववववव)-- Banking services to rural people termed. The details of the company’s financial position in the annual report of a company is known as – balance sheet. Insurance companies regulate in India – IRDA (Insurance Regulatory Development Authority). The financial body which frames Monetary and Financial policy in India – RBI. RBI says Rupee Overvalued, what it means -- The rupee has lost only against the dollar but appreciated against other currencies. Which committee recommended the hike of petrol and diesel prices – Kirit Parekh Committee For preventing frauds and counterfeiting in a bank, RBI has proposed a scheme called – Know Your Customer (KYC). Organization deals with Fertilizer industry – IFFCO (Indian Farmers Fertiliser Cooperative Limited). FCCB stand for - Foreign Currency Convertible Bond. MAT stand for – Minimum Alternate Tax. Monetary Policy include - CRR and SLR. SME – Small and Medium Enterprises. Foreign exchanges are done in – US Dollars. Home loans are given to – Individuals.

Banking Awarness

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Page 1: Banking Awarness

GDP – Gross Domestic Product.NBFC – Non banking finance company.Bear and Bulls related to – Stock Market.SDR (Special Drawing Rights)  issued by – IMF.Chairman of 13th finance commission – Vijay Kelkar.Financial Inclusion (वि�त्तीय समा�ेशन)-- Banking services to rural people termed.The details of the company’s financial position in the annual report of a company is known as – balance sheet.Insurance companies regulate in India – IRDA (Insurance Regulatory Development Authority).The financial body which frames Monetary and Financial policy in India – RBI.RBI says Rupee Overvalued, what it means -- The rupee has lost only against the dollar but appreciated against other currencies.Which committee recommended the hike of petrol and diesel prices – Kirit Parekh CommitteeFor preventing frauds and counterfeiting in a bank, RBI has proposed a scheme called – Know Your Customer (KYC).Organization deals with Fertilizer industry – IFFCO (Indian Farmers Fertiliser Cooperative Limited).FCCB stand for - Foreign Currency Convertible Bond.MAT stand for – Minimum Alternate Tax.Monetary Policy include - CRR and SLR.SME – Small and Medium Enterprises.Foreign exchanges are done in – US Dollars.Home loans are given to – Individuals.SME loans are given to – ALL Small Scale Industries(SSI).FCRA – Foreign Contribution Regulation Act.APEC – Asia Pacific Economic Cooperation.NPA – Non Performing assetsBasel II norms – Maintaining Capital Adequate ratio

Page 2: Banking Awarness

POS – Point of saleECS – Electronic Clearing systemThe exchange of goods between the two or more countries is known as - FTA(Free Trade Agreement).RBI has kept Emergency Fund facility for which of the following banks –Urban Co-operative banksFull form of TPF– Trade policy Forum.Credit Rating agency in India – CRISILStocks and bonds are trade – Capital MarketService Tax is Shared by – Central Government.FTA released by – Ministry of Commerce & IndustryReverse Mortgage scheme is related to – For Senior CitizensFirst to start Mutual Fund trading on BSE – UTI Mutual Fund.IIP (Index of Industrial Production) was released by – Central Statistical Organization (CSO).World Investment Report released by – UNCTAD.NCDEX (National Commodity and Derivatives Exchange) commodity stock exchange is headquartered—MumbaiNABARD(National Bank for Agriculture and rural development bank ) is headquartered – MumbaniADB (Asian Development Bank ) is headquartered – ManilaPOS -- Point of ScaleVAT stands for -- Value Added TaxGST : Good and Service Tax.Who issue & regulate currency -- RBINEFT full form -- National Electronic Fund Transfer.Full form of LLP – Limited Liability Partnership.Max limit for RTGS (Real Time Gross Settlement) - No limit.Which bank can accept deposit -- commercial bankInsurance services given by banks are called – Bancassurance.Bank are connected to all banking network -- Core Banking Solution.

Page 3: Banking Awarness

Financial inclusion is -- Banking facilities to all of them whom not has provided as yet.Who has maximum share in nationalized Bank -- Govt of India.Demat account use for -- for shares trading in electronic form.RTGS minimum threshold limit recently raised to – 2  lacGovt. sharehold in public sector banks cant be below –51%How many villages are to be covered in next 5yrs under Financial inclusion --73,000.NEFT system uses which codes -- IFS Codes.KYC procedure requires -- ID & address proof of the customerSelf Help groups means -- Self-Help Groups are prime platform for social mobilization of women and creating awareness about legal and political rights.Reverse mortgage loan -- Finance given to senior citizens against residential houses/flats.Fastest inter bank transfer is by --  RTGS.ASBA -- Application Supported by Blocked Amount.SLR -- The minimum reserves each bank must hold to customer deposits and  notes.FINO -- Financial Inclusion Network and Operations.Deepak Mohanti committee is related to -- Base rate.The Govt. And the Rbi had set a target to cover 73000 villages having population in excess of 2000 to provide access to banking services, by march2012. Scheme name is  -- SWABHIMANC.A.G. -- Comptroller and Auditor GeneralRights issue mean -- Sale of securities to existing share holdersSecondary Market regulated by – SEBIExpand NOHC -- Non-Operative Holding CompanyWorld's largest bank by profit – ICBC (Insurance Corporation of British Columbia)CDSL means -- Central Depository Services LimitedNSDL means -- National Securities Depository LimitedETF stands for -- Exchange Traded Fund

Page 4: Banking Awarness

Core banking means – Connectivity of branches, ATM and online systems of all branches.The Foreign Exchange Reserve of India are kept in the custody of -- Reserve Bank of India.Plastic money -- Credit Card, Debit CardPPP means : purchasing power parity.N.A.V.  – Net Assets Value.Controlling & regulate Share market : SEBI (Security Exchange Board of India).

2012 Olympics will be held in – London.Earth Day is observes on – April 22nd.Term used in Hockey – Penalty Corner.Scheme related to Rural Health Scheme – NHRM (NATIONAL RURAL HEALTH MISSION)India Bangladesh power plant in which city – KhulnaPlayer associated with women’s cricket – Mithali Raj.India and Saudi Arabia signed pacts in – Energy SectorSEWA (Self employee women associated )  director -- Ela Bhatt

Indira Gandi Peace Prize in 2010 - Lula da Silva (Outgoing president of Brazil)The national award given in the field of sports -- Arjun AwardWorld Water Day is observed on - March 22nd

Which of the following is a health care scheme – ASHAScheme under Ministry of Food and Civil Suppliers – Mid Day MealLargest Producer of the milk in the World – IndiaHeadquarters of WTO – Geneva.Which of the following is used as a Bio-fuel – Sugarcane. (गन्ना)K-G gas from- Krishna Godavari basin.Largest Steel Producer in the world – ChinaShanti Swarup Bhatnagar awards are given in the field – Science & Technology

Page 5: Banking Awarness

Dada sahib phalke awards are give in the field – filmsAtta Dal scheme launched in which state – RajasthanDerby is a term used in the sport – Football.Term related to hockey – Centre Forward.Term related to Football – CutbackFirst E-court in which state – Gujarat (Ahmedabad)Rashtriya Swasti Bima Yojana is – Health insurance scheme for BPL families.2016 Olympics – Rio De Janeiro.UNEP – United Nation Environment Programme.Right to education bill for – upto 14 years childrenEVM – Electronic Voting MachineOscar awards are given in the field – Films.National Sports day is celebrated on -- Aug 29th

Rural amenities and infrastructure to rural people - Bharat Nirman .In India Census is done after a gap of every -- Ten yearsTRAI regulates the functioning of the following services- TelecomWon Wimbeldon 2011 -- Novak DjokovicYingluck Shinawatra is PM of Thailand.Which state has Highest  Population -- Uttar Pradesh.