Author name: Bankers Choice

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MOST IMPORTANT AND RECOLLECTED 50 AFB QUESTIONS OF JAIIB AND CAIIB EXAM PREPARED BY MURUGAN

MOST IMPORTANT AND RECOLLECTED 50 QUESTIONS OF JAIIB & CAIIB EXAM PREPARED BY MURUGAN 1. Debt equity ratio is 4:1, Current ratio is 2:1, Total assets 2000000, Owned liabilities 300000. what is the current assets? a. 8 lakhs b. 10 lakhs c. 12 lakhs d. 15 lakhs 2. Which of the following is revenue expenditure? …

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PRIORITY SECTOR LENDING CATEGORIES AND TARGETS FOR PSU BANKS AND MSME DEFINATION

The categories under priority sector are as follows: 1.Agriculture Micro, Small and Medium Enterprises Export Credit Education Housing Social Infrastructure Renewable Energy Others MSME * Branches shall review Customer risk categorization based on the risk categorization generated by the system,  — every 6 months — 30th Jun and 31st December every year. — Minimum balance: …

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BASEL NORMS AND 3 PILLERS OF BASEL FOR COMPUTATION OF CRAR

BASELBASEL NORMSThe Basel III capital regulation has been implemented from April1, 2013 in India in phases and it will be fully implemented as onMarch 31,2020.3 Pillars of Basel for computation of CRAR Minimum Capital Requirement Supervisory Review of capital adequacy Market DisciplineBanks are required to maintain a minimum Pillar 1 Capital toRisk-weighted Assets Ratio (CRAR) …

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Pradhan Mantri MUDRA Yojana (PMMY), GOVT SPONCERED SCHEMES ,PMMY ELIGIBLITY

Pradhan Mantri MUDRA Yojana (PMMY) ● PMMY (Pradhan mantra Mudra Yojana) was launched for extending finance to micro enterprises in manufacturing, trading and service sector ● Loans up to Rs.10 lakh sanctioned to the above sectors and overdrafts up to Rs.10,000.00 granted in PMJDY accounts are to be classified as MUDRA loans. ● Micro Units …

Pradhan Mantri MUDRA Yojana (PMMY), GOVT SPONCERED SCHEMES ,PMMY ELIGIBLITY Read More »

BSBDA- Basic Savings Bank Account & Tax Saver Deposit Details

Basic Savings Bank Deposit Account (BSBDA)Eligibility: An individual is eligible to have only one BSBD account in the Bank. This account shall not have the requirement of any minimum balance. Can be maintained with even Zero balance (No frill Account). Subject to provisions of PML Act and Rules and RBI instructions on KYC / Anti-Money …

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Most Important Bank RBI UPDATED GDP + MONETARY POLICY & SMALL SAVINGS RATE 2022

🟠UPDATED GDP + MONETARY POLICY & SMALL SAVINGs RATE 2022 :- 💠 #UPDATED Monetary Policy Rates :-💠 Repo Rate : 5.40%💠 Reverse Repo Rate : 3.35%💠 MSF : 5.65%💠 Bank Rate : 5.65%💠 CRR : 4.50%💠 SLR : 18.00%💠 SDF : 5.15% ◾ GDP Forecast for FY23 : 7.2%.◾️ Inflation Rate for FY 23 : …

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