Banking Awareness Practice Set on Banking Structure in India

Banking Structure in India? 1. What is the current number of Local Area Banks in India? a. Four b. Seven c. Eight d. Six Answer: Four Explanation: As of May 2015, these four local area banks are: 1.Coastal Local Area Bank Ltd ? Vijayawada (Andhra Pradesh) 2.Capital Local Area Bank Ltd ? Phagwara (Punjab) 3.Krishna […]

Target IBPS Exam 2015: Banking Awareness Practice Set

Competition Gurukul is presenting the practice set on Banking Awareness in this blog in order to?give the final touch to Banking Exam 2015 Aspirants. This practice set is valid for IBPS, IBPS PO and RRB. 1. Which of the following statements is incorrect regarding RTGS system? i) The transactions take place in real time ii) […]

What Is Repo Rate? – Check Your Banking Awareness

The questions related to repo rate & reverse repo rate are always asked in exam. So they are considered as the HOT TOPICSS of any Bank exam – whether IBPS, SBI, NABARD etc. Do you Know what the situation would be if banks run out of money? We know that is a very difficult situation […]