IMPORTANT ACTS RELATED TO BANKING

ssc preparation, important competetion questions, current affairs of india, latest question asked in competetion papers,

IMPORTANT ACTS RELATED TO BANKING 
###########################
1. Banking Regulation Act,1949
2. RBI Act,1934 & RBI Act, 1948
3. SBI Act,1955, General Regulations SBI Act,1956
4. Banker‘s Book Evidence Act,1891
5. Negotiable Instruments Act,1881
6. Indian Contract Act,1872
7. Surety‘s Liability
8. Partnership Act,1932
9. Companies Act,1956
10. Criminal Procedure Code, 1973
11. Consumer Protection Act, 1986
12. SARFAESI Act, 2002

Comments

Post a Comment

Popular From Month

Classical Dances of India

ssc preparation, important competetion questions, current affairs of india, latest question asked in competetion papers, Classical Dances of India: Everything you need to know about India is known for its rich cultural legacy. Performing arts like classical dances are integral parts of  Indian culture . This is a mega-post which cover the details of all classical dances in India. Origin of classical dances Most of the classical dance forms originated in temples. Worshipping was the main aim. Although every dance form evolved from different regions, their roots are the same. The roots can be traced from the Sanskrit text –  ‘Natya Shastra’ . The first compilation of Natya Shastra is dated between 200BCE and 200CE. As time passed, artists improvised many classical dances which resulted in the present day forms. Today, Indian classical dances are very popular dance all over the world. Rasanubhuti: The 8 Rasas The  Rasanubhuti  is the ultimate aim of the...
Read more

Countries visited by Prime Minister Modi - foreign tris of modi ji

ssc preparation, important competetion questions, current affairs of india, latest question asked in competetion papers, List of countries travelled by Prime Minister Narendra Modi is an important Current affair topic for MBA, Bank PO, SSC and other competitive exams. You can expect at least 1-2 questions from Countries travelled by Modi in any competitive exams. The list includes Countries travelled by Modi in 2014, Countries travelled by Modi in 2015, Countries travelled by Modi in 2016 and Countries travelled by Modi in 2017. Facts regarding Modi’s foreign trip As of July 2017, Modi has made 31 foreign trips on 6 continents, visiting 49 countries includingthe visits to USA to attend UN general assembly, to Asian countries, following his neighbourhood first and act east policies. Modi has visited US 5 times while Modi he has travelled to France, Germany, Russia thrice. Modi has reportedly travelled 3.4 lakh kilometres over the last three years. India has spent Rs 275 crore...
Read more

What Is PM Jan Dhan Yojana? Who Are The Beneficiaries; Know Everything Related To PMJDY

PM Jan Dhan Yojana:  Due to the constant rise in cases of COVID-19 coronavirus and in order to control the growing cases of the pandemic disease. PM Narendra Modi on 24th March, 2020 announced a nationwide 21 days lockdown which greatly impacted the daily wage people. To help the poor people of the country and all those who have Jan Dhan accounts will be given Rs. 500 for 3 months in their bank accounts. The Indian Banks Association (IBA) has also directed all member banks to deposit Rs 500 to all accounts held by women under the Pradhan Mantri Jan Dhan Yojana (PMJDY) for the next three months. The first installment of  ₹ 500 will be deposited in accounts of women Jan Dhan Yojana beneficiaries starting from today (3rd April, 2020).  To maintain social distancing and in order to ensure the withdrawal of money by the beneficiaries is seamless, the banks are following a schedule for disbursing the money for this month.  The withdrawal schedule for the account holders wi...
Read more

Major events of history

๐ŸŒบMajor events of history๐ŸŒบ ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ Arrival of Aryans in India: - 1500 BC Birth of Mahavir: - 540 BC Mahavira's Nirvana: - 468 BC Birth of Gautam Buddha: - 563  BC Mahaparivaran of Gautama  Buddha: - 483 BC Alexander's invasion of India: - 326-325 BC Ashoka conquered Kalinga: - 261 BC Beginning of Vikram Samvat: - 58 B.C. Start of Shakva Samvat: - 78 B.C. Beginning of Hijri Samvat: - 622 A.D. Fahyan's visit to India: - 405-11 A.D. Harshavardhana's rule: - 606-647 A.D. Hensang visit to India: - 630 AD Invasion of Somnath Temple: - 1025 AD First Battle of Tarain: - 1191 A.D. Second Battle of Tarain: - 1192 A.D. Establishment of the slave dynasty: - 1206 AD Arrival of Vasco da Gama to India: - 1498 A.D. First Battle of Panipat: 1526 A.D. Second Battle of Panipat: 1556 A.D. Third Battle of Panipat: - 1761 A.D. Ascension of Akbar: - 1556 A.D. Battle of Haldi Valley: - 1576 A.D. Establishment of Din-e-Elahi religion: - 1582 A.D. Battle of Plassey: 1757 A.D. Battle ...
Read more

Report On Education Released By The National Statistical Office (NSO)

๐Ÿ“Š Report On Education Released By The National Statistical Office (NSO) ✅ The Data Is For 2017-18 And Is For All Aged 7 Or More ✅ India : Male (84.7%) & Female (70.3%) ✔️ The Overall Literacy Rate In India Is 77.7% ✔️ The Literacy Rate In Rural Areas Is 73.5% ✔️ The Literacy Rate In Urban Areas Is 87.7% ✅ Gap Between Male & Female Literacy Smallest In Kerala (2.2%) ✅ Gap Between Male & Female Literacy In India (14.4%) ๐Ÿฅ‡ Kerala Ranks No.1 Among The Major States With A Literacy Rate Of 96.2% ๐Ÿฅˆ Delhi Ranks 2nd Among The Major States With A Literacy Rate Of 88.7% ๐Ÿฅ‰ Uttarakhand Ranks 3rd Among The Major States With A Literacy Rate Of 87.6% ✍ Himachal Ranks 4th Among The Major States With A Literacy Rate Of 86.6% ✍ Assam Ranks 5th Among The Major States With A Literacy Rate Of 85.9% ✍ Maharashtra Ranks 6th Among The Major States With A Literacy Rate Of 84.8% ✍ Punjab Ranks 7th Among The Major States With A Literacy Rate Of 83.7% ✍ Tamil Nadu Ranks 8th Among The Major States W...
Read more

Indian Constitution GK Questions

ssc preparation, important competetion questions, current affairs of india, latest question asked in competetion papers, Indian Constitution GK Questions Q.1 Which Article is for "Protection of interests of Minorities”? (A) Article 26 (B) Article 27 (C) Article 29 (D) Article 30 Hide Answer Ans .  C Q.2 The plan to transfer power to the Indians and partition of the country was laid down in the? (A) Cabinet Mission Plan (B) Simon Commission (C) Cripps Mission (D) The Mountbatten Plan Hide Answer Ans .  D Q.3 For the first time Indian Legislature was made "Bi-cameral" under: (A) Government of India Act, 1861 (B) Government of India Act, 1892 (C) Government of India Act, 1915 (D) Government of India Act, 1919 Hide Answer Ans .  D Q.4 Which Act divided legislative powers between the Centre and Provinces? (A) Government of India Act, 1935 (B) Government of India Act, 1919 (C) Government of Ind...
Read more

Bank Rates and Ratios

ssc preparation, important competetion questions, current affairs of india, latest question asked in competetion papers, Bank Rates and Ratios Rates Bank Rate It is the rate at which the Reserve Bank of India lends money to commercial banks or financial institutions. An upward revision in  Bank Rate  implies that banks will also increase deposit rates as well as  Base Rate . To the consumer it means a variation in the interest rates on deposits and also EMI. Repo Rate It is the rate at which a bank sells a security to the RBI to raise money. The bank in this case agrees to buy back the security on a predetermined date with an interest rate ( Repo Rate ). Reverse Repo Rate As the name implies it is the rate at which RBI borrows money from banks. It is a monetary policy instrument which is used to control the money supply in the country. Base Rate The minimum rate below which banks are not allowed to lend money except in cases specified by the Rese...
Read more

Famous Awards

Famous Awards   ⚡1901 = เคจोเคฌेเคฒ เคชुเคฐเคธ्เค•ाเคฐ  ⚡1929 = เค‘เคธ्เค•เคฐ เค…เคตाเคฐ्เคก  ⚡1954 = เคญाเคฐเคค เคฐเคค्เคจ  ⚡1961 = เคœ्เคžाเคจเคชीเค  เคชुเคฐเคธ्เค•ाเคฐ  ⚡1995 = เค—ांเคงी เคถांเคคि เคชुเคฐเคธ्เค•ाเคฐ  ⚡1985 = เคฆ्เคฐोเคฃाเคšाเคฐ्เคฏ เคชुเคฐเคธ्เค•ाเคฐ  ⚡1969 = เคฎैเคจ เคฌुเค•เคฐ เคชुเคฐเคธ्เค•ाเคฐ  ⚡1961 = เค…เคฐ्เคœुเคจ เคชुเคฐเคธ्เค•ाเคฐ  ⚡1917 = เคชुเคฒिเคค्เคœเคฐ เคชुเคฐเคธ्เค•ाเคฐ  ⚡1992 = เคต्เคฏाเคธ เคธเคฎ्เคฎाเคจ  ⚡1952 = เค•เคฒिंเค— เคชुเคฐเคธ्เค•ाเคฐ  ⚡1991 = เคธเคฐเคธ्เคตเคคी เคธเคฎ्เคฎाเคจ  ⚡1969 = เคฆाเคฆा เคธाเคนเคฌ เคซाเคฒ्เค•े เคชुเคฐเคธ्เค•ाเคฐ  ⚡1957 = เคฐेเคฎเคจ เคฎैเค—्เคธेเคธे เคชुเคฐเคธ्เค•ाเคฐ  ⚡1992 = เคฐाเคœीเคต เค—ांเคงी เค–ेเคฒ เคฐเคค्เคจ  ⚡1955 = เคธाเคนिเคค्เคฏ เค…เค•ाเคฆเคฎी เคชुเคฐเคธ्เค•ाเคฐ  ⚡1954 = เคฐाเคท्เคŸ्เคฐीเคฏ เคซिเคฒ्เคฎ เคชुเคฐเคธ्เค•ाเคฐ  ⚡1958 = เคถांเคคि เคธ्เคตเคฐूเคช เคญเคŸเคจाเค—เคฐ
Read more

Mauryan Administration

Central Government Mauryan administration was highly centralized. The Emperor was the supreme power and source of all authority. He was assisted by a Council of Ministers. It was called ‘Mantriparishad’. The ministers were called ‘Mantris.’ The council was headed by ‘mantriparishad-adhyakshya’ akin to the Prime Minister of today. Tirthas: the Highest category of officials in the administration. There were 18 Tirthas. Adhyakshya: Ranked next only to Tirthas. There were 20 Adhyakshyas. They had economic and military functions. Mahamattas: Higher ranking officials. Amatyas: High ranking officials almost like present-day secretaries. They had administrative and judicial roles. The Adhyakshyas were formed into a secretariat, which was divided into many departments. Arthashastra mentions many Adhyakshyas for commerce, storehouses, gold, ships, agriculture, cows, horses, city, chariots, mint, infantry, etc. Yuktas: Subordinate officers responsible for the Empire’s revenue. Rajjukas: Officers ...
Read more

First in Banks

ssc preparation, important competetion questions, current affairs of india, latest question asked in competetion papers, First in Banks ###############   • First India bank Got ISO : Canara Bank • First Governor of RBI : Mr. Osborne Smith • First Indian governor of RBI : Mr. C D Deshmukh • First Bank to Introduce ATM in India : HSBC • First Bank to introduce saving Bank in India : Presidency bank in 1830 • First Bank to Introduce Cheque system in India : Bengal Bank 1784 • First Bank to introduce Internet Banking : ICICI BANK • First Bank to introduce Mutual Fund : State Bank of India • First Bank to introduce Credit Card in India : Central Bank of India • First Foreign Bank in India : Comptoire d’Escompte de Paris of France in 1860 • First Bank Set Up in India : Bank of Hindustan in 1770 • First Joint Stock Bank of British India : State Bank of India • First Joint Stock Bank of India : Allahabad Bank • First Bank that is oldest Public Bank in India : Allahabad Bank • Fir...
Read more