Most Commonly Used Banking Terms.
Most Commonly Used Banking Terms.
Click here to view more Kerala PSC Study notes.
- Bank Rate : It is the rate of interest charged by a central bank to commercial banks on the advances and the loans it extends.
- Bouncing of a cheque : When an account has insufficient funds the cheque is not payable and is returned by the bank for a reason "Exceeds arrangement" or "funds insufficient".
- CRR (Cash Reverse Ratio) : The amount of funds that a bank keep with the RBI. If the percentage of CRR increases then the amount with the bank comes down.
- Cheque : It is written by an individual to transfer amount between two accounts of the same bank or a different bank and the money is withdrawn from the account.
- Core Banking Solutions (CBS) : In this, all the branches of the bank are connected together and the customer can access his/her funds or transactions from any other branch.
- Debit Card : This is a card issued by the bank so the customers can withdraw their money from their account electronically.
- Demat Account : The way in which a bank keeps money in a deposit account in the same way the Depository company converts share certificates into electronic form and keep them in a Demat account.
- E-Banking : It is a type of banking in which we can conduct financial transactions electronically. RTGS, Credit cards, Debit cards etc come under this category.
- EFT (Electronic Fund Transfer) : In this, we use Automatic teller machine, wire transfer and computers to move funds between different accounts in the different or same bank.
- Fiscal Deficit : It is the amount of Funds borrowed by the government to meet the expenditures.
- Initial Public Offering (IPO) : It is the time when a company makes the first offering of the shares to the public.
- Leverage Ratio : It is a financial ratio which gives us an idea or a measure of a company’s ability to meet its financial losses.
- Liquidity : It is the ability to convert an investment quickly into cash with no loss in value.
- Market Capitalization : The product of the share price and a number of the company’s outstanding ordinary shares.
- Mortgage : It is a kind of security which one offers for taking an advance or loan from someone.
- Mutual Fund : These are investment schemes. It pools money from various investors in order to purchase securities.
- Pass Book : It is a book where all the bank transactions are recorded.They are mainly issued to Current or Savings Bank account holders.
- Repo Rate : Commercial banks borrow funds from the RBI if there is any shortage in the form of rupees. If this rate increases it becomes expensive to borrow money from RBI and vice versa.
- SLR (Statutory Liquidity Ratio) : It is the amount that a commercial bank should have before giving credits to its customers which should be either in the form of gold, money or bonds.
- Savings Bank Account : This is an account of nominal interest which can only be used for personal purpose and which has some restrictions on withdrawal.
- Teller : He/she is a staff member of the bank who cashes cheques, accepts deposits and perform different banking services for the general mass.
- Universal Banking : When financial institutions and banks undertake activities related to banking like investment, issue of debit and credit card etc then it is known as universal banking.
- Virtual Banking : Internet banking is sometimes known as virtual banking. It is called so because it has no bricks and boundaries. It is controlled by the world wide web.
- Wholesale Banking : It is similar to retail banking with a slight difference that it mainly focuses on the financial needs of the institutional clients and the industry.
- Zero Coupon Bond : It is a bond that is sold at a good discount as it has no coupon.
The following is a list of the cities in India through which major rivers flow.
City River State .
Agra Yamuna Uttar Pradesh .
Ahmedabad Sabarmati Gujarat .
Allahabad At the confluence of Ganga, Yamuna and Saraswati Uttar Pradesh .
Ayodhya Saryu Uttar Pradesh .
Badrinath Alaknanda Uttarakhand .
Banki Mahanadi Odisha .
Brahmapur Rushikulya Odisha .
Chhatrapur Rushikulya Odisha .
Bhagalpur Ganges Bihar .
Kolkata Hugli West Bengal .
Cuttack Mahanadi Odisha .
New Delhi Yamuna Delhi .
Dibrugarh Brahmaputra Assam .
Ferozpur Sutlej Punjab .
Guwahati Brahmaputra Assam .
Haridwar Ganges Uttarakhand .
Hyderabad Musi Telangana .
Jabalpur Narmada Madhya Pradesh .
Kanpur Ganges Uttar Pradesh .
Kota Chambal Rajasthan .
Kottayam Meenachil Kera...
Code: FLASK OC .
F : Fathima Beevi .
First woman judge in supreme court.
L : Leela seth .
First woman chief justice in High court.
A : Annachandy .
First woman judge in High court.
S : Sujatha Manohar .
First woman chief justice in Kerala High court.
K : K.K usha .
First malayali woman to become chief justice in Kerala high court.
O : Omana Kunhamma .
First lady magistrate in India.
C : Cornilia Sorabji .
First woman advocate in India.
...
Nicknames
Leaders
.
Bapuji
Mahatma Gandhi
.
Gurudev
Rabindranath Tagore
.
Kaviguru
Rabindranath Tagore
.
Netaji
Subhash Chandra Bose
.
Prince of Patriots
Subhash Chandra Bose
.
Loknayak
Jayaprakash Naraynan
.
Frontier Gandhi
Khan Abdul Ghaffar Khan
.
Chachaji
Jawaharlal Nehru
.
Grand Old man of India
Dadabhai Naoroji
.
Father of Indian Unrest
Dadabhai Naoroji
.
Indian Gladstone
Dadabhai Naoroji
.
Deshbandhu
Chittaranjan Das
.
Lokmanya
Balgangadhar Tilak
.
Maratha Kesari
Balgangadhar Tilak
.
Punjab Kesari
Lala Lajpat Rai
.
Punjab Lion
Ranjith Singh
.
Bengal Kesari
Ashutosh Mukherji
.
Bihar Kesari
Dr. Srikrishna Singh
....
Click here to Search
Secretariat Assistant Syllabus 2021
LDC Syllabus 2022
Tenth Level Mains Syllabus
Secretariat Assistant Previous Question paper
Secretariat Assistant Syllabus 2021
10th level Preliminary Exam Previous Year Question Paper
LDC Previous Question papers
LGS Previous Question papers
Village Field Assistant Previous Question papers
Preliminary Exam Answer key 2021
Fireman Previous year Question Papers
UPSA Previous Question papers
LPSA Previous Question papers
PSC Questions and Answers
Kerala PSC Exam Calendar