We hear terms like GDP, NDP, GNP, NNP etc. very frequently in news, magazines and daily discussions. But do we know what they really mean and what are their uses. Here we are trying to make you understand these terms without using technical jargon. These are some of the terms related to National Income which are being asked in competition now and … [Read more...] about Concept of National Income : GDP, NDP, GNP, NNP
Banking Awareness
Nationalised Banks Logo & Slogan
Updated on 14.06.2017 In a lot of competitive exams now a days, the slogan/ tag line of many banks and products are being asked. Since we do not give heed to such an information, we might lose a mark or two because of that. We have compiled the list of all the 19 Nationalised Banks Logo & Slogan. I am sure it will help you in the upcoming … [Read more...] about Nationalised Banks Logo & Slogan
Nationalised Banks In India : Fact File
Let me start this post by making a statement -- All nationalised banks are public sector banks, but not all public sector banks are nationalised banks.From this hopefully, you understood that nationalised banks are a subset of public sector banks. If not, you would like to see our post on difference between private and public sector banks. It … [Read more...] about Nationalised Banks In India : Fact File
Structure Of Banking Sector
One of the common question asked in banking interviews is the structure of banking sector in India. In India, RBI heads the organizational chart. It is the principal financial organization. Set up in 1935 under Reserve Bank of India Act 1934, RBI has two main functions: a) regulation of banks in India and b being a banker to the central and state … [Read more...] about Structure Of Banking Sector
Shares And Debentures
Shares The capital of a company is divided into shares. Each share forms a unit of ownership of a company. Shares are offered for sale as to raise capital for the company.Shares are of two kinds:1. Equity shareGives the holder the power to share the earnings and profits of the company Voting right for the selection of AGM of … [Read more...] about Shares And Debentures
Types of Banks
Here is the comprehensive list of types of banks and a brief introduction about the types of bank with few fact files.Public Sector BanksThe banks in which the majority shares or equity are held by the government of the country are known as Public sector banks. A Nationalized bank is formed when the assets of the bank is taken under public … [Read more...] about Types of Banks