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terms and matters which come within the scope of a banker's ordinary duties, as well as to other matterswhich arise out of, or are associated with, the business of banking, such as bankruptcy, company regulations, partnerships, stamp duties, stock exchange, winding up, etc. The book is furnished with many cross-references
29 Oct 2015 Dear Readers, Based on our IBPS PO V Mains Exam-Preparation Time Table (which we have already published), today we have given the list of Important Banking Terminologies. Candidates those who are preparing for the examination can also download this in PDF. ATM (Automatic Teller Machines):.
Complete List of Banking Terms with Definitions For Bank Exams Powered by www.Gr8AmbitionZ.com your A to Z competitive exam guide ww w. Gr 8A mb iti on Z. co m 10 Amortization Amortization is the repayment of Principal and Interest components of a Loan, over a period of time. Certain category of m expenses or
14 Nov 2017 Hello and welcome to exampundit. Here is a PDF on important terms related to Indian Banking & Financial sector. The PDF covers more than 90+ terms which are very important for the upcoming IBPS PO, Clerk & RBI Assistant exams.
GLOSSARY OF BANKING TERMS GENERALLY USED IN CDR. Accrued Interest. Interest earned but not yet received. Acquisition. Purchase of controlling interest in a firm, generally through tender offer for the target shares. Actuary. Insurance company official, responsible for estimating future claims and disbursement and
Certificate of Deposit (CD) – a type of investment that requires you to invest your money for a certain length of time and guarantees the same rate of return (interest) for that entire time. CDs usually require a minimum deposit and they pay an interest rate slightly higher than a savings account. If you withdraw your money early
A bail-out, in economics and finance, is a fresh injection of liquidity given to a bankrupt or nearly bankrupt entity, such as a corporation or a bank, in order for it to meet its short-term obligations. Often bailouts are by governments, or by consortia of investors who demand control over the entity as the price for injecting funds.
What will you learn today. • An introduction to common terms and concepts you will come across. • Basic accounts with common features. • What to think about when picking an account or institution. • Additional resources
18 Apr 2017 In a series of providing free study material for SBI PO exam. Very useful for engineers preparing for bank exams. Install GK Digest Android application for getting complete study material.
Term. Explanation. ATM. ATMs are Automatic Teller Machine. ATMs allows customers to complete some basic transactions, without the help of teller. These include accepting deposit, providing withdrawals and transferring funds. First ATM in India is Introduced by HSBC in1987. An economic resource owned or controlled
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