Important Days! (Month-September)


 

Sept 05 - Teacher's Day (Dr. S. Radhakrishnan's Birth Day), Sanskrit Day

Sept 07 - Forgiveness Day

Sept 08 - International Literacy Day

Sept 14 - Hindi Dives (Day), World First Aid Day, World Fraternity and Apology Day

Share:

Download RBI Assistant Interview Call letters

Share:

IB Admit-card

Share:

Result of Combined Graduate Level (Tier-I) 2013

Share:

Important Days For Govt. Jobs Exam Preparation

Important Days! (Month-January)

Important Days! (Month-February) 

Important Days! (Month-March) 

Important Days! (Month-April) 

Important Days! (Month-May) 

Important Days! (Month-June) 

Important Days! (Month-July) 

Important Days! (Month-August) 

Important Days! (Month-September) 

Important Days! (Month-October) 

Important Days! (Month-November) 

Important Days! (Month-December)

 

Share:

BANKING TERMS PAGE-13

Share:

UGC Clerk Exam 25/AUGUST/2013

Share:

BANKING TERMS All POSTs


 BANKING TERMS 

This page is related to most of the Banking Terms  which are usefull in IBPS (Banking) Exams-
Like PO, Clerk, RRBs PO, RRBs Clerk, Specialist Officer etc.

Share:

BANKING TERMS PAGE-12

Share:

UPCOMING GOVT JOB EXAMS DATE

Share:

BANKING TERMS PAGE-11

Share:

Best Books For IBPS PO/MT, IBPS Clerk, IBPS RRB PO & Office Assistant (Clerk), IBPS Specialist Officers

_____________________________________________________ 

1. English Language:

_____________________________________________________ 

English language comprehension skills
(CSAT / IBPS / SSC / CAPF and all Other Examinations)

Buy English Language Comprehension Skills: An Authentic Books for CSAT / IBPS / SSC / CAPF and all Other Examinations: Book

Author: Sachchida Nand Jha
Publisher: UPSC Portal
Share:

Important Days! (Month-MAY)









May 01 - International Labour Day, Maharashtra Day

May 03 - International Energy Day, World Press Freedom Day

May 08 - International Red Cross Day 

May 11 - National Technology Day
Share:

BANKING TERMS PAGE-10

BANKING TERMS

PAGE-10

The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection.

Margin Call: A notice to a client that it must provide money to satisfy a minimum margin requirement set by an Exchange or by a bank / broking firm.

Market Capitalization: The product of the number of the company’s outstanding ordinary shares and the market price of each share.

Market Maker: A dealer who maintains an inventory in one or more stocks and undertakes to make continuous two-sided quotes.

Market Order: An order to buy or an order to sell securities which is to be executed at the prevailing market price.

Money Market: Market in which short-term securities are bought and sold.

Marginal Standing Facility Rate: MSF scheme has become effective from 09th May, 2011 launched by the RBI. Under this scheme, Banks will be able to borrow upto 1% of their respective Net Demand and Time Liabilities.  The rate of interest on the amount accessed from this facility will be 100 basis points (i.e. 1%) above the repo rate. This scheme is likely to reduce volatility in the overnight rates and improve monetary transmission.

Mandate: Written authority issued by a customer to another person to act on his behalf, to sign cheques or to operate a bank account.

Material Alteration: Alteration in an instrument so as to alter the character of an instrument for example when date, amount, name of the payee are altered or making a cheque payable to bearer from an order one or opening the crossing on a cheque.

Merchant Banking : When a bank provides to a customer various types of financial services like accepting bills arising out of trade, arranging and providing underwriting, new issues, providing advice, information or assistance on starting new business, acquisitions, mergers and foreign exchange.

Micro Finance: Micro Finance aims at alleviation of poverty and empowerment of weaker sections in India. In micro finance, very small amounts are given as credit to poor in rural, semi-urban and urban areas to enable them to raise their income levels and improve living standards.

Minor Accounts: A minor is a person who has not attained legal age of 18 years. As per Contract Act a minor cannot enter into a contract but as per Negotiable Instrument Act, a minor can draw, negotiate, endorse, receive payment on a Negotiable Instrument so as to bind all the persons, except himself. In order to boost their deposits many banks open minor accounts with some restrictions.

Mobile Banking : With the help of M-Banking or mobile banking customer can check his bank balance, order a demand draft, stop payment of a cheque, request for a cheque book and have information about latest interest rates.

Money Laundering: When a customer uses banking channels to cover up his suspicious 
and unlawful financial activities, it is called money laundering.

Money Market: Money market is not an organized market like Bombay Stock Exchange but is an informal network of banks, financial institutions who deal in money market instruments of short term like CP, CD and Treasury bills of Government.

Moratorium: R.B.I. imposes moratorium on operations of a bank; if the affairs of the bank are not conducted as per banking norms. After moratorium R.B.I. and Government explore the options of safeguarding the interests of depositors by way of change in management, amalgamation or take over or by other means.

Mortgage: Transfer of an interest in specific immovable property for the purpose of offering a security for taking a loan or advance from another. It may be existing or future debt or performance of an agreement which may create monetary obligation for the transferor (mortgagor).

Mutual Fund: A company that invests in and professionally manages a diversified portfolio of securities and sells shares of the portfolio to investors.

Click Here For More BANKING TERMS Page 
Share:

CHEQUES

What is Cheque?
A cheque is a document that orders a payment of money from a bank account. The person writing the cheque, the drawer, usually has a current account where their money was previously deposited. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.


The four main items on a cheque are
Drawer:- The person or entity who makes the cheque
Payee:- The recipient of the money
Drawee:-  The bank or other financial institution where the cheque can be presented for payment
Amount:- The currency amount

Types Of Cheques

1. Order Cheque: (आदेश चेक)
A cheque which is paid to a named person with the words 'or order' after the payee's name, showing that he or she can endorse it and pass it to someone else if desired.
Share:

NCERT Books Download

NCERT Book  can be downloaded by following the link which i have shared at the end of this article. This could be very  good choice for the people who dont want to carry hard copy of the book, just Download this ebook in your laptop and read anytime. this is pretty good for the people who are preparing for UPSC exams and dont have books from there school days.
Share:

Sarva UP Gramin Bank (jobs)

Sarva UP Gramin Bank (AGB)

 


Sarva U.P. Gramin Bank invites applications from Indian citizens, for the post of Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose) from Indian citizens who have appeared at the Common Written Examination for RRBs conducted by IBPS in September 2012 and declared qualified :


Officer Scale-I : 116 posts, Pay Scale : Rs.14500–25700/-
Office Assistants : 170 posts, Pay Scale : Rs.7200–19300/-

Application Fee  : Rs.100/- (Rs.20/- for SC/ST/PWD/EXS) to be deposited in any branch of Sarva UP  Gramin Bank through a payment challan.

How to Apply : Candidates are required to apply Online only  through Allahabad Gramin Banks website on or before 14/08/2013 to 30/08/2013.

For More Details: CLICK HERE
Share:

UPSC ISS IES Exam (jobs)

UPSC ISS IES Exam

 UNION PUBLIC SERVICE COMMISSION (UPSC)

 
INDIAN ECONOMIC SERVICE (IES)/ INDIAN STATISTICAL SERVICE (ISS) EXAMINATION , 2013

The Union Public Service commission will hold the Indian Economic Service (IES)/ Indian Statistical Service (ISS) Examination commencing from 09th November 2013 for recruitment to Grade IV of the Indian Economic Service (IES) and Indian Statistical Service (ISS). The examination will be held at various centers across the country.
 
Conditions of Eligibility :  66 posts (Indian Economic Service - 30, Indian Statistical Service - 36)
 
(A) Age Limits, Sex and Marital Status:

Age Limit : Candidates must have attained the age of 21 years and must not have attained the age of 30 years on 1st August, 2013. Relaxation in the upper age limit as per Govt. of India rules.

Educational Qualifications: A candidate for the Indian Economic Service (IES) must have obtained a Post-Graduate degree in Economics/ Applied Economis/ Business Economics/ Econometrics and candidate for the Indian Statistical Service (ISS) must have obtained a Post-Graduate degree in Statistics/ Mathematical Statistics / Applied Statistics from a recognised University.

(C) Physical Standards: candidates must be physically fit according to the physical standards for Indian Economic Service / Indian Statistical Service Examination, 2013 as prescribed in the detailed advertisement.
Fee : Rs. 200/- either by depositing the money in any Branch of SBI by cash, or by using net banking facility of SBI, State Bank of Bikaner & Jaipur/ State Bank of Hyderabad/ State Bank of Mysore/ State Bank of Patiala/ State Bank of Travancore or by using Visa/ Master Credit/ Debit Card. SC/ ST/ PH/ Female candidates are exempted from payment of fee.

FOR APPLY and GET MORE DETAILS: CLICK HERE (17/08/2013 to  to  16/09/2013 till 11.59 pm)
 


Share:

ESIC Hindi Translator (jobs)

ESIC Hindi Translator  

 Employees' State Insurance Corporation (ESIC)

 
 Junior Hindi Translaor : 62 posts (UR-33, SC-11, ST-3, OBC-15), Pay Scale : Rs. 9300 - 34800 Grade Pay  Rs. 4200/-.

Age28 years as on 01/10/2013.

 Application Fee :  The Demand Draft of Rs.200/- (no fee  for SC/ST/Wome/PH candidates) issued from any scheduled bank  in favour of  ESI Fund Account No. 1 payable at New Delhi.
How to Apply :   Application complete in all respects and enclosing attested copies of all essential certificates are to be sent in a cover super scribed 
Application for the post of JUNIOR HINDI TRANSLATOR -2013” 
so as to reach The Joint Director (Recruitment), ESI corporation, Headquarter Office, CIG Marg, New Delhi - 110002  on or before 01/10/2013.  
(For far-flung areas candidates- 08/10/2013).

Download Application: Click Here
Share:

PADAM AWARDS 2013 (INDIA)


PADAMA VIBHUSHAN:

The Padma Vibhushan is the second highest civilian award in the Republic of India. It consists of a medal and a citation and is awarded by the President of India. It was established on 2 January 1954.

Share:

BANKING TERMS PAGE-9

BANKING TERMS

PAGE-9

The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection. 

Karta: Manager of a Hindu Undivided Family (HUF) who handles the family business. He is usually the eldest male member of the undivided family.

Kiosk Banking: Doing banking from a cubicle from which food, newspapers, tickets etc. are also sold.

Share:

BANKING TERMS PAGE-8

BANKING TERMS

PAGE-8

The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection. 

Identification: When a person provides a document to a bank or is being identified by a person, who is known to the bank, it is called identification. Banks ask for identification before paying an order cheque or a demand draft across the counter.

Indemnifier: When a person indemnifies or guarantees to make good any loss caused to the lender from his actions or others' actions.

Indemnity: Indemnity is a bond where the indemnifier undertakes to reimburse the beneficiary from any loss arising due to his actions or third party actions.

Income: The amount of money an individual receives in a particular time period.

Index Fund:  A mutual fund that holds shares in proportion to their representation in a 
market index, such as the S&P 500.

Initial Public Offering (IPO): An event where a company sells its shares to the public for the first time. The company can be referred to as an IPO for a period of time after the event.

Inside Information: Non-public knowledge about a company possessed by its officers, major owners, or other individuals with privileged access to information.

Insider Trading: The illegal use of non-public information about a company to make profitable securities transactions

Insolvent: Insolvent is a person who is unable to pay his debts as they mature, as his liabilities are more than the assets . Civil Courts declare such persons insolvent. Banks do not open accounts of insolvent persons as they cannot enter into contract as per law.

Interest Warrant: When cheque is given by a company or an organization in payment of interest on deposit , it is called interest warrant. Interest warrant has all the characteristics of a cheque.

International Banking: involves more than two nations or countries. If an Indian Bank has branches in different countries like State Bank of India, it is said to do International Banking.

Introduction: Banks are careful in opening any account for a customer as the prospective customer has to be introduced by an existing account holder or a staff member or by any other person known to the bank for opening of account. If bank does not take introduction, it will amount to negligence and will not get protection under law.

Intrinsic Value: The difference of the exercise price over the market price of the underlying asset.

Investment: A vehicle for funds expected to increase its value and/or generate positive 
returns.

Investment Adviser: A person who carries on a business which provides investment advice with respect to securities and is registered with the relevant regulator as an investment adviser.

IPO price: The price of share set before being traded on the stock exchange. Once the company has gone Initial Public Offering, the stock price is determined by supply and demand.

JHF Account : Joint Hindu Family Account is account of a firm whose business is carried out by Karta of the Joint family, acting for all the family members.. The family members have common ancestor and generally maintain a common residence and are subject to common social, economic and religious regulations.

Joint Account: When two or more individuals jointly open an account with a bank.

Junk Bond: High-risk securities that have received low ratings (i.e. Standard & Poor’s BBB rating or below; or Moody’s BBB rating or below) and as such, produce high yields, so long as they do not go into default.

Click Here For More BANKING TERMS Pages
Share:

DRDO ADMIT CARD 2013 (CAPTAM)

DRDO
Defence Research and Development Organization

DRDO Admit cards has Released.

FOR DOWNLOAD:
  click here

ADMIT CARD NOTIFICATION: click here
Share:

BANKING TERMS PAGE-7

BANKING TERMS

PAGE-7

The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection. 

Garnishee Order: When a Court directs a bank to attach the funds to the credit of customer's account under provisions of Section 60 of the Code of Civil Procedure, 1908.

General Lien: A right of the creditors to retain possession of all goods given in security to him by the debtor for any outstanding debt.

Guarantee: A contract between guarantor and beneficiary to ensure performance of a promise or discharge the liability of a third person. If promise is broken or not performed, the guarantor pays contracted amount to the beneficiary.

Hedge: A combination of two or more securities into a single investment position for the 
purpose of reducing or eliminating risk.

Holder: Holder means any person entitled in his own name to the possession of the cheque, bill of exchange or promissory note and who is entitled to receive or recover the amount due on it from the parties. For example, if I give a cheque to my friend to withdraw money from my bank,he becomes holder of that cheque. Even if he loses the cheque, he continues to be holder. Finder cannot become the holder.

Holder in due course : A person who receives a Negotiable Instrument for value, before it was due and in good faith, without notice of any defect in it, he is called holder in due course as per Negotiable Instrument Act. In the earlier example if my friend lends some money to me on the basis of the cheque, which I have given to him for encashment, he becomes holder-in-due course.

Hypothecation: Charge against property for an amount of debt where neither ownership nor possession is passed to the creditor. In pledge, possession of property is passed on to the lender but in hypothecation, the property remains with the borrower in trust for the lender.


Click Here For More BANKING TERMS Pages
Share:

Important Days! (Month-April)


 







April 01 - Orissa Day

April 05 - Natinal Meritime Day

April 07 - World Health Day, Special Protection Group (SPG) Foundation Day

April 10 - World Homropathy Day (Birth Day of Samuel Hanimen)
Share:

BANKING TERMS PAGE-6

BANKING TERMS

PAGE-6


The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection. 

Face Value/ Nominal Value: The value of a financial instrument as stated on the instrument. Interest is calculated on face/nominal value
.
Fixed-income Securities: Investment vehicles that offer a fixed periodic return.

Fixed Rate Bonds:  Bonds bearing fixed interest payments until maturity date.

Floating Rate Bonds: Bonds bearing interest payments that are tied to current interest rates.

Factoring: Business of buying trade debts at a discount and making a profit when debt is realized and also taking over collection of trade debts at agreed prices.

Foreign Banks: Banks incorporated outside India but operating in India and regulated by the Reserve Bank of India (RBI),. e..g., Barclays Bank, HSBC, Citibank, Standard Chartered Bank, etc.

Forfeiting: In International Trade when an exporter finds it difficult to realize money from the importer, he sells the right to receive money at a discount to a forfaiter, who undertakes inherent political and commercial risks to finance the exporter, of course with assumption of a profit in the venture.

Forgery: when a material alteration is made on a document or a Negotiable Instrument like a cheque, to change the mandate of the drawer, with intention to defraud.

Fundamental Analysis: Research to predict stock value that focuses on such determinants as earnings and dividends prospects, expectations for future interest rates and risk evaluation of the firm.

Future Value: The amount to which a current deposit will grow over a period of time when it is placed in an account paying compound interest.

Future Value of an Annuity: The amount to which a stream of equal cash flows that occur in equal intervals will grow over a period of time when it is placed in an account paying compound interest.

Futures Contract: A commitment to deliver a certain amount of some specified item at some specified date in the future.

Click Here For More BANKING TERMS Pages
Share:

Subscribe Us

Enter Your Email Address:


Don't forget to activate Email subscription from your Inbox...!!!

Total Pageviews

© 2013 - 2017 sscibps.com | All rights reserved. Powered by Blogger.

Get Updates Via WhatsApp

Important Dates

APRIL <--Click Here
______________________
April 01 - Orissa Day

April 05 - Natinal Meritime Day

April 07 - World Health Day, Special Protection Group (SPG) Foundation Day

April 10 - World Homropathy Day (Birth Day of Samuel Hanimen)

April 13 - Jallianwallah Bagh Massacre Day (1919)

April 14 - B.R. Ambedkar Remembrance Day (Ambedkar’s Birth Anniversary), World Aeronautics and Cosmology Day

April 17 - World Hemophilia Day

April 18 - World Heritage Day

April 21 - Indian Civil Service Day

April 22 - World Earth Day

April 23 - World Books and Copyright Day

April 24 - Panchayat Divas ______________________ Important Days For Govt. Jobs Exam Preparation <--Click Here

Blog Archive