BANKING MCQS (MAY 2016)

  BANKING MCQS (MAY 2016) Under the Corporate Debt Restructuring (CDR) mechanism, loan assets of banks have been categorized. Which one of the following statements is not correct? Ans-Assets belonging to Doubtful and Loss categories come under Category 2 Under which of the following methods of depreciation, amount of depreciation varies every year? Ans-Written Down […]

STATIC BANKING

BANKING  All About NBFC’S Currency System in India Foreign Exchange Reserves Financial Inclusion Money Market Cheques and Types Types of Bank A/C Accounts for NRI/PIO All About NPAs The First Among All Banks ATM’s & WLA’s Important Banking Terms Monetary Policy of India  

A Brief on CURRENCY SYSTEM IN INDIA

A Brief on CURRENCY SYSTEM IN INDIA Present Denomination of Bank Notes: At present, banknotes in India are issued in the denomination of Re.1, Rs.5 Rs.10, Rs.20, Rs.50, Rs.100, Rs.500 and Rs.1000. These notes are called banknotes as they are issued by the Reserve Bank of India (Reserve Bank). Denomination of Bank Notes & Coins: […]