GDP – Gross
Domestic Product.
NBFC – Non
banking finance company.
Bear and Bulls
related to – Stock Market.
SDR (Special
Drawing Rights) issued by – IMF.
Chairman of 13th finance commission – Vijay Kelkar.
Financial
Inclusion (वित्तीय समावेशन)-- Banking services to rural
people termed.
The details of
the companies financial position in the annual report of a company is known as
– balance sheet.
Insurance
companies regulate in India – IRDA (Insurance Regulatory Development
Authority).
The financial
body which frames Monetary and Financial policy in India – RBI.
RBI says Rupee
Over valued, what it means -- The rupee has lost only against the dollar but
appreciated against other currencies.
Which committee
recommended the hike of petrol and diesel prices – Kirit Parekh Committee.
For preventing
frauds and counterfeiting in a bank, RBI has proposed a scheme called – Know
Your Customer (KYC).
Organization
deals with Fertilizer industry – IFFCO (Indian Farmers Fertiliser Cooperative
Limited).
FCCB stand for -
Foreign Currency Convertible Bond.
MAT stand for –
Minimum Alternate Tax.
Monetary Policy
include - CRR and SLR.
SME – Small and
Medium Enterprises.
Foreign exchanges
are done in – US Dollars.
Home loans are
given to – Individuals.
SME loans are
given to – ALL Small Scale Industries(SSI).
FCRA – Foreign
Contribution Regulation Act.
APEC – Asia
Pacific Economic Cooperation.
NPA – Non
Performing assets
Basel II norms –
Maintaining Capital Adequate ratio
POS – Point of
sale
ECS – Electronic
Clearing system
The exchange of
goods between the two or more countries is known as - FTA(Free Trade
Agreement).
RBI has kept
Emergency Fund facility for which of the following banks –Urban Co-operative
banks
Full form of TPF–
Trade policy Forum.
Credit Rating
agency in India – CRISIL
Stocks and bonds
are trade – Capital Market
Service Tax is
Shared by – Central Government.
FTA released by –
Ministry of Commerce & Industry
Reverse Mortgage
scheme is related to – For Senior Citizens
First to start
Mutual Fund trading on BSE – UTI Mutual Fund.
IIP (Index of
Industrial Production) was released by – Central Statistical Organization
(CSO).
World Investment
Report released by – UNCTAD.
NCDEX (National
Commodity and Derivatives Exchange) commodity stock exchange is
headquartered—Mumbai
NABARD(National
Bank for Agriculture and rural development bank ) is headquartered – Mumbani
ADB (Asian
Development Bank ) is headquartered – Manila
POS -- Point of
Scale
VAT stands for --
Value Added Tax
GST : Good and
Service Tax.
Who issue &
regulate currency -- RBI
NEFT full form --
National Electronic Fund Transfer.
Full form of LLP
– Limited Liability Partnership.
Max limit for
RTGS (Real Time Gross Settlement) - No limit.
Which bank can
accept deposit -- commercial bank
Insurance
services given by banks are called – Bancassurance.
Bank are
connected to all banking network -- Core Banking Solution.
Financial
inclusion is -- Banking facilities to all of them whom not has provided as yet.
Who has maximum
share in nationalized Bank -- Govt of India.
Demat account use
for -- for shares trading in electronic form.
RTGS minimum
threshold limit recently raised to – 2 lac
Govt. sharehold
in public sector banks cant be below –51%
How many villages
are to be covered in next 5yrs under Financial inclusion --73,000.
NEFT system uses
which codes -- IFS Codes.
KYC procedure
requires -- ID & address proof of the customer
Self Help groups
means -- Self-Help Groups are prime platform for social mobilization of women
and creating awareness about legal and political rights.
Reverse mortgage
loan -- Finance given to senior citizens against residential houses/flats.
Fastest inter
bank transfer is by -- RTGS.
ASBA --
Application Supported by Blocked Amount.
SLR -- The
minimum reserves each bank must hold to customer deposits and notes.
FINO -- Financial
Inclusion Network and Operations.
Deepak Mohanti
committee is related to -- Base rate.
The Govt. And the
Rbi had set a target to cover 73000 villages having population in excess of
2000 to provide access to banking services, by march2012. Scheme name is
-- SWABHIMAN
C.A.G. --
Comptroller and Auditor General
Rights issue mean
-- Sale of securities to existing share holders
Secondary Market
regulated by – SEBI
Expand NOHC --
Non-Operative Holding Company
World's largest
bank by profit – ICBC (Insurance Corporation of British Columbia)
CDSL means --
Central Depository Services Limited
NSDL means --
National Securities Depository Limited
ETF stands for --
Exchange Traded Fund
Core banking
means – Connectivity of branches, ATM and online systems of all branches.
The Foreign
Exchange Reserve of India are kept in the custody of -- Reserve Bank of India.
Plastic money --
Credit Card, Debit Card
PPP means :
purchasing power parity.
N.A.V. –
Net Assets Value.
Controlling &
regulate Share market : SEBI (Security Exchange Board of India).
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