Hello and welcome to ExamPundit. We have prepared a combined PDF containing all the General Awareness Questions asked in IBPS Clerk. The preparations on various topics like quantitative aptitude, reasoning, English, General Awareness, etc is not enough, taking up general test. IBPS Clerk Previous Year Papers PDF download. 10 IBPS Clerk Online CWE () General Knowledge Question Paper · IBPS Clerk Online.
|Language:||English, Indonesian, Dutch|
|ePub File Size:||16.78 MB|
|PDF File Size:||11.67 MB|
|Distribution:||Free* [*Register to download]|
IBPS Clerk Previous Years Question Paper PDF Download Here.. We Provide 4, Clerk General Awareness Paper, 5, Clerk Computer. IBPS Clerk Old Paper for Prelims, Mains Pdf Download. IBPS Clerk Previous Year Questions Papers – . IBPS Clerk Study Material PDF | Quant | Reasoning | English | General Awareness | Computer Download Now, Click Here . General Knowledge: Static GK PDF for Bank -SBI,IBPS,RRB & Railways,SSC, UPSC and Other Competitive Exams. Download Now!.
A Cheque is a negotiable instrument instructing a bank to pay a specific amount from a specific account. In other words, A cheque is a bill of exchange drawn on a specified banker and payable on demand.
What is a Demand Draft? Demand Draft is a negotiable instrument that is used for effecting transfer of money. What is KYC? As per KYC guidelines prescribed by RBI, some personal information of the customer is required while opening an account or renewal of old accounts!
The objective is to enable positive identification of customers by their respective Banks; and to prevent money laundering. What is Money Laundering? Money laundering means presenting an illegally obtained money as legitimate by creating a complex chain of sub processes.
This convoluted chain makes it difficult to trace the source of the illegitimate money. What do you know about RBI? The Reserve Bank of India is the central bank of India. What are the functions of RBI?
YOGA DAY SALE
What is a Monetary policy? Monetary policy is a type of macroeconomic policy by which central monetary authority RBI controls the interest rates, thereby effecting control over supply of money in the economy. What is Fiscal Policy? What is a Repo Rate?
Repo Rate is the rate at which RBI lends money to commercial banks. Whenever any bank faces shortage of funds, it can borrow from RBI. Decreasing Repo Rate will help banks avail more money at a cheaper rate. PS: For more information on Repo Rate, visit here What is Reverse Repo Rate?
Reverse Repo rate is the rate at which RBI borrows money from banks. RBI uses this tool to drain excess money circulating in the banking system. Banks have absolutely no qualms about lending money to RBI since their money is in safe hands; not to mention a good interest, too. What is LAF? Liquidity adjustment facility LAF is a monetary policy tool which allows banks to borrow money, and adjust their daily liquidity mismatches, through redownload agreements. LAF has two components: a repo redownload agreement ; and b reverse repo.
When banks need liquidity to meet its daily requirement, they borrow from RBI through repo.
The rate at which they borrow fund from RBI is called the Repo rate. When banks have excess liquidity, they park with RBI through the reverse repo. What is CRR Rate?
What is Bank Rate? Bank rate a.
Bank rate is yet another tool at the disposal of the central bank RBI to effectively control the money supply. What is SLR Rate? Bonds before lending to its customers. What is PLR? This rate remains basically the same for most banks.
However, this applies to loans taken after July 1, What is Base Rate? It is the minimum rate of interest that a bank is allowed to charge from its customers.
No bank can offer loans at a rate lower than Base rate to any of its customers unless mandated by the govt. What is Deposit Rate? Interest Rates paid by banks or other financial institutions on the cash deposited with them by the customer. PS: To know more on deposits, visit here. What are Basis Points? PS: 1 basis point change corresponds to 0.
Books and Authors Current Affairs – Capsule in PDF
So when we say that repo rate has been increased by 25 bps, it means that the rate has been increased by 0. What are Treasury Bills? Treasury bills a. These T-Bills can be issued for 91 days, days, or days. PS: There are no T-bills issued by state government. What are Commercial Papers? Commercial papers are short term money market instrument debts issued in the form of promissory note by corporate, primary dealers, or financial institutions.
The maturity period of commercial papers can range from 7 days to 1 year from the date of issuance. What is the Banking Ombudsman Scheme? The Banking Ombudsman Scheme offers an easy and inexpensive platform to bank customers for lodging their complaints against certain services offered by the Banks. The Ombudsman sees to it at the complaints of the customers are resolved in a timely manner.
PS: For more information on Banking Ombudsman, visit here What is a Derivative?
A derivative is a financial contract that derives its value from another financial product. This underlying product may be a stock, foreign currency, a commodity, etc. Forwards Market is a nice example of derivative trade. What is Inflation? This rise in prices means the demand for these goods and services exceeds their supply. PS: For more information on Inflation, visit here What is Deflation?
Deflation is the decrease in prices of goods and services. PS: Cross Question: Why is deflation bad when there is a decrease in prices? PS: For more information on Deflation, visit here What is FII?
FII Foreign Institutional Investor used to denote an investor that proposes to make an investment in Indian securities. Institutional Investors includes pension funds, mutual funds, Insurance Companies, Banks, etc. What is FDI?
Whereas lesser investment will be treated as FPI. What is IPO?
This is the first offering of shares to the general public by a company who wishes to enlist itself on the stock exchange. What is GDP? The Gross Domestic Product or GDP is a measure of all of the services and goods produced in a country over a specific period usually one year.
What is GNP? Gross National Product is measured as GDP plus income of residents from investments made abroad minus income earned by foreigners in domestic market. What is Revenue deficit? Where the net amount received by the govt. We as a group of Jagran Josh.
This will help us include all the valuable feedback in our complete book. Click Here for the Sample Preparation Guide. The Banking Experts of jagranjosh. Please leave a feedback about the PDF in the below comments sections. You can also mail us your feedback at feedback jagranjosh.
For detail advertisement Click Here. Detailed Exam Analysis. Last Minute Tips. Please specify. A verifcation code has been sent to your mobile number. List of Oscar Award Winner.
Daily Current Affairs. Exercise Sampriti India-Bangladesh joint military exercise to be held from March 2. Career in Financial Management. English Hindi All. Preparation Guide.Only say stuff that you can back with data! A verifcation code has been sent to your mobile number Please enter the verification code below.
Download this article as pdf. A maximum of 1 Lakh INR can be deposited in such accounts. Please leave a feedback about the PDF in the below comments sections.
While you may have your own reasons for choosing your preference list, visiting this page may help you with your answer.