4 March 2018

ONE LINER QUESTION & ANSWER

ONE LINER QUESTION & ANSWER



  • Banking Ombudsman is appointed by :- RBI.
  • Tax Free Union Territory :- Pudhucherry.
  • Maximum age for retirement of MD/CEO for all private banks :- 70 years.
  • New savings schemes introduced by SBI for children :- Pehla Kadam and Pehli Udaan.
  • Financial inclusion :- Ensuring accessibility to bank accounts for many/all.
  • Vijay Mallya ‘willfull defaulter is declared by :- United Bank of India.
  • Mutual funds are regulated by :- Securities Exchange Board of India (SEBI).
  • Equator :- The term associated with Banking operations.
  • U.T.I officially changed by :- Axis bank.
  • Regulatory authority of rural banks :- RBI and NABARD.
  • EBT :- Electrical Benefit Transfer.
  • BMB Smartbanking :- internet banking facility launched by Bharatiya Mahila Bank.
  • NABARD :- Handles refinance for agriculture and rural development in India.
  • ICICI :- Allow to open bank account for children above 10.
  • Kotak Mahindra Bank :- launched FACEBOOK based social networking instant fund transfer.
  • SBI :- introduced first multi-currency international debit card.
  • Microsoft :- Ready to set up data centres end of 2015.
  • The foreign exchange reserves are kept by :- RBI.
  • Bank of Rajastan merged with UCO bank.
  • Drawer in bank cheques :- who issues the cheque.
  • Drawee in bank cheque :- Always the banker.
  • Union bank :- First bank to set up talking ATM.
  • SBI Associate banks :- initially seven banks.
  • During inflation tax should be increased.
  • Industrial sector :- Biggest tax paying sector in India.
  • SBI :- First Indian bank to touch market capital up to Rs.100000 crore.
  • Insurance sector regulated by :- Insurance Regulatory and Development Authority (IRDA).
  • SBI and Bank of India :- First two Indian banks to open branch in Pakistan.
  • The merchant banking activities in India governed by :- SEBI.
  • RBI establish in :- April 1, 1935.
  • Original name of SBI :- Bank of Calcutta and Bank of Bengal.
  • SBI comes into existence in :- 1955.
  • Hum Hai Na is the slogan of ICICI.
  • World bank established in 1944.
  • Headquarter of world bank is Washington DC.
  • SIDBI :- Small Industries Development Bank of India.
  • NHB :- National Housing Bank.
  • NHB established in 9th July, 1988.
  • NDTL :- Net Demand and Time Liabilities.
  • KYC :- Know Your Customer.
  • Inflation :- Increase in general level of price for goods and service.
  • Bearer Cheque :- Payable to any person who present it for payment at the bank counter.
  • Capital market deals in :- Long term funds and Debt and Equity.
  • Banking commission established in :- 1972.
  • IRDA headquarter :- Hyderabad.
  • SBI formulated under :- SBI Act 1955.
  • ICICI :- First universal bank established in country.
  • Laxmi commercial bank merged with Canara bank.
  • Credit risk :- If loans are not repaid in time.
  • Market risk :- If the bank products failed to service in market.
  • IFSC denotes Branch code of any bank.
  • IFSC consist of 11 digits.
  • Global bank :- Take over by Oriental bank of commerce.
  • RBI does not issue one rupee note.
  • Bank of baroda :- First bank to open branch outside India at London.
  • NRI deposits called as Hot Money.
  • LAB :- Local Area Banks.
  • Oriental bank of commerce :- First bank to issue capital to public.
  • SEBI consists of chairman and five members.
  • Bank rate :- when RBI desires to restrict expansion of credit it raises.
  • Dishonour of the cheque :- when bank returns the the cheque unpaid.
  • Mortgage is the security on immovable property.
  • FINO :- Financial Information Network and Operation Limited.
  • When the purchasing power of money decreases then rate of inflation increase.
  • DICGC :- Deposits Insurance and Credit Guarantee Corporation of India Limited.

. Click here to join our FB Page and FB Group for Latest update and preparation tips and queries

https://www.facebook.com/tetsuccesskey/

https://www.facebook.com/groups/tetsuccesskey/