SEBI- Securities and Exchange Board of India

Securities and Exchange Board of India (SEBI) was established by Government of India through an executive resolution in the year 1988. SEBI was subsequently upgraded as a fully autonomous body in 1992 with the passing of the Securities and Exchange Board of India Act (SEBI Act) on 30th January 1992. In the year 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the securities and Exchange Board of India Act 1992.
1. The headquarter of SEBI is located in the business district of Bandra-Kurla complex in Mumbai.
2. The Chairman of SEBI – Upendra Kumar Sinha (UK Sinha)
3. The Whole Time Member of SEBI- Prashant Saran

Banking Notes- NABARD

National Bank for Agriculture and Rural Development

Headquarters in Mumbai
Headquarters	Mumbai, Maharashtra, India
Established	12 July 1982
Chairman	Dr. Harsh Kumar Bhanwala
Currency	(Rupees)
Reserves	Rs.81,220 crore (2007)
Website	www.nabard.org
NABARD is the apex development bank in India

Banking Notes- MONEY and Its Types

Money is a thing that is usually accepted as payment for goods and services as well as for the repayment of debts.

                        

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.