Money is a thing that is usually accepted as payment for goods and services as well as for the repayment of debts.
Showing posts with label Daily GK Updates. Show all posts
Showing posts with label Daily GK Updates. Show all posts
RTGS
Q1. What is RTGS System?
Ans. The acronym 'RTGS' stands for Real Time Gross Settlement,
which can be defined as the continuous (real-time) settlement of funds
transfers individually on an order by order basis (without netting).
'Real Time' means the processing of instructions at the time they are
received rather than at some later time; 'Gross Settlement' means the
settlement of funds transfer instructions occurs individually (on an
instruction by instruction basis). Considering that the funds settlement
takes place in the books of the Reserve Bank of India, the payments
are final and irrevocable.Banking Awareness Quiz for RRB Mains
Dear Readers, Banking Awareness Questions play important role in Banking exams. Around 50-60% of questions come from Banking Awareness which includes recent Banking updates also.
Try to Answer Banking Awareness questions given in this post. We will provide you more questions in next post.
Try to Answer Banking Awareness questions given in this post. We will provide you more questions in next post.
One Liners of Banking Awareness Part-I
One Liners of Banking Awareness Part-I
RBI is the Central bank of India
o RBI was setup on the recommendations of Royal Commission on Indian Currency and Finance also known as the Hilton- Young Commission.
o RBI has 4 regional offices at Mumbai, Kolkatta, Chennai and Delhi.
RBI is the Central bank of India
o RBI was setup on the recommendations of Royal Commission on Indian Currency and Finance also known as the Hilton- Young Commission.
o RBI has 4 regional offices at Mumbai, Kolkatta, Chennai and Delhi.
Questions Asked in IBPS PO Mains Exam Morning Shift-20th November 2016
Dear Readers, we are providing General Awareness and computer Questions asked in IBPS PO Mains exam Morning Shift of 20th November 2016.
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FLAGSHIP SCHEMES OF GOVERNMENT
FLAGSHIP SCHEMES OF GOVERNMENT
1. BHARAT NIRMAN:
Componets-1. Road 2. Irrigation 3. Drinking Water 4. Electricity 5. Houses 6. Communicaton
• It was implemented and extended in three phases i.e., from (2005 - 2009), (2009 - 2012), (2012- 2014)
• It is centrally sponsored scheme for the rural development of India started in September 2005.
• There are 6 objectives in this scheme
Objectives:
a) To provide all weather road connectivity to the village which have more than 1000 population in plain areas and 500 population in hilly areas.
1. BHARAT NIRMAN:
Componets-1. Road 2. Irrigation 3. Drinking Water 4. Electricity 5. Houses 6. Communicaton
• It was implemented and extended in three phases i.e., from (2005 - 2009), (2009 - 2012), (2012- 2014)
• It is centrally sponsored scheme for the rural development of India started in September 2005.
• There are 6 objectives in this scheme
Objectives:
a) To provide all weather road connectivity to the village which have more than 1000 population in plain areas and 500 population in hilly areas.
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