Current Affairs, General and Banking Knowledge Thread For Bank Aspirants

Which among the following statement is/are incorrect regarding IMPS (Inter Bank Mobile Payment Service)

An advanced universal banking solution named Finacle 11E was launched on 18 September, 2013 by ______?

N E E R stands for

MICR: MICR is an acronym for Magnetic Ink Character Recognition. The MICR Code is a numeric code that uniquely identifies a bank-branch participating in the ECS Credit scheme. This is a 9 digit code to identify the location of the bank branch; the first 3 characters represent the city, the next 3 the bank and the last 3 the branch. The MICR Code allotted to a bank branch is printed on the MICR band of cheques issued by bank branches.


IFSC : Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system. This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch. The 5th character is 0 (zero). IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.


RTGS as well as NEFT uses

Under which act RBI issues directives to Banks ?

Which among the following is not a method to measure the National Income (RBI, Officers, 2013)

In India, Commercial Banks are required to provide ________ % of their ANBC(Adjusted Net BankCredit) to priority Sector

Puys ...do you want more questions... or shall I pause ....? 😃

On which basis Ad Valorem Tax levied?

RBI has introduced MSF (Marginal Standing Facility) with the objective of

Own Your NPA' campaign launched by

Which of the following is/are associated with the Fiscal Policy

which bank has opened

skill training academy in Jaipur

The Exchange Rate in India is dependent upon ..

Collateralized Borrowing and Lending Obligations (CBLO) is a/an

which city

became no.1 Fashion City of the world

..................became the 1st

Indian state to commence e-payment facility for government employees

Which of the following is "NOT" among the changes made for FTP 2009-14 for SEZs:

Quite often we come across the news that the RBI has changed the repo rate and the reverse repo rate by few basis points. 1 basis point is equivalent to