Banking Awareness

MCQs on Commercial Banks ( Best )

MCQs on Commercial Banks A commercial bank is where most people do their banking. Commercial banks make money by providing and earning interest from loans such as mortgages, auto loans, business loans, and personal loans. Customer deposits provide banks with the capital to make these loans. What are commercial banks examples? Examples of Commercial Banks State Bank of India (SBI) Housing Development …

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Demand Deposit – Overview, Types, and Importance

Demand Deposit – Overview, Types, and Importance ▪️DEMAND DEPOSITS 1. Savings Accounts ➢ A savings account allows you to accumulate interest on funds you’ve saved for future needs. Interest rates can be compounded on a daily basis. ➢ Savings accounts vary by monthly service fees, interest rates, method used to calculate interest, and minimum opening …

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What Is Payment Bank And Features of Payments Banks

Features of Payments Banks Payments banks are a type of differentiated bank introduced by the RBI for promoting financial inclusion and facilitating payments and remittance flows. They are different types of banks compared to the conventional universal banks as the Payments banks can concentrate in only two types of activities – accepting demand deposits and …

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What Is DakPay, How To Use It. Indian Post Payment Bank Launches Digital Payment Service

India Post Payments Bank launches digital payment service DakPay, here is a comprehensive guide on how to use it The DakPay app will help in enabling cashless ecosystem through biometrics, providing interoperable banking services to the customers of ANY BANK (AePS) and Utility Bill Payment services. Department of Posts (DoP) and India Post Payments Bank …

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Basic Banking Awareness 100 MCQs

Basic Banking Awareness 100 MCQs If you ally craving such a referred banking awareness mcq book that will have the … Basic/Banking awareness is a part 100 random MCQs 1.What were the correct locations of three presidency banks during British India? [A] Calcutta, Madras, Bombay [B] Surat, Calcutta, Madras [C] Surat, Madras, Bombay [D] Bombay, …

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