Hello Aspirants This is a live quiz page. Discuss any of the topics below in the comment section: Quantitative Aptitude Reasoning English Banking Awareness Current Awareness Computer Share the page with your friends too to take the full advantage. Group study will help you retain things in mind. Happy learning. ?
Read MoreAuthor: Shubhra
All you need to know about Semi-Closed E-wallets
Many people use Semi-Closed E-wallets to perform their transactions. Though these do not allow cash withdrawal or redemption, they can be used for various purposes like paying utility bills (electricity, water bills, etc.). They can be used to pay for your purchases from the merchant sites that have a specific contract with the issuer of such e-wallet. The examples include: PayTm,…
Read MorePrepaid Payment Instruments (PPIs)
Now there is no need to carry cash in your wallets and go for shopping. There are many options available by which cashless transactions can be done with ease and convenience. The RBI classifies every mode of cashless fund transfer or transaction using cards or mobile phones as ‘prepaid payment instrument’. Prepaid payment instruments are methods that facilitate purchase…
Read MoreDiscussion Zone – 15 December 2016
Hello Aspirants This is a live quiz page. Discuss any of the topics below in the comment section: Quantitative Aptitude Reasoning English Banking Awareness Current Awareness Computer Share the page with your friends too to take the full advantage. Group study will help you retain things in mind. Happy learning. ?
Read MoreEnglish: Vocabulary Set 6
1. Drubbing – a beating; a thrashing, a resounding defeat in a match or contest. Synonyms: beating, thrashing, walloping, thumping, battering, pounding, pummelling, slapping, smacking, punching, bludgeoning, thwacking, cuffing Antonyms:success, triumph, victory, win Sentence Usage: Scotland’s 3-0 drubbing by France. 2. Lethal – sufficient to cause death, very harmful or destructive Synonyms: fatal, deadly, mortal, causing death, death-dealing, life-threatening, murderous,…
Read MoreDiscussion Zone – 14 December 2016
Hello Aspirants This is a live quiz page. Discuss any of the topics below in the comment section: Quantitative Aptitude Reasoning English Banking Awareness Current Awareness Computer Share the page with your friends too to take the full advantage. Group study will help you retain things in mind. Happy learning. ?
Read MoreMixed Quantitative Aptitude Questions Set 1
Anil and Ruhi started a business by investing Rs 2000 and Rs 2800 respectively. After 8 months, Anil added Rs 600 and Ruhi added Rs 400. At the same time Teena joined them with Rs 4200. Find the share of Teena if they get a profit of Rs 34,300 after a year. A) Rs 7490 B) Rs 7350 C) Rs…
Read MoreAll about Virtual Cards
Virtual credit cards as the term describes, are online cards. This means that that are not issued physically by any financial organization. It is a free service offered by banks to its customers who wish to make an online payment using their debit/credit cards. Some examples are SBI-Virtual Card, ICICI VCC, Axis Bank e-wallet card, HDFC NetSafe. It can be…
Read MoreDiscussion Zone – 13 December 2016
Hello Aspirants This is a live quiz page. Discuss any of the topics below in the comment section: Quantitative Aptitude Reasoning English Banking Awareness Current Awareness Computer Share the page with your friends too to take the full advantage. Group study will help you retain things in mind. Happy learning. ?
Read MoreImportant points about Marginal Cost of Funds based Lending Rate (MCLR)
Marginal Cost of Funds based Lending Rate (MCLR) is the new RBI guideline for commercial banks to set lending rates. It has replaced the earlier base rate system from April 1, 2016. Marginal cost of funds is a key component in calculating MCLR. Changes in key rates like repo rate, will change the marginal cost of funds and so will…
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