22 September

Banking Ombudsman

Banking Ombudsman (BO) is a senior official appointed by Reserve Bank of India to redress customer complaints against deficiency in certain banking services. Banking Ombudsman is appointed for a maximum tenure of three years at a time. Reappointment can be done. Banking Ombudsman scheme was firstly introduced in 1995 by the RBI. It comes under […]

21 September

Highlights of Budget 2018-19

Questions related to the budget are generally asked in banking exams. Now it is the time to take look at the most important points related to the budget. It will immensely help in exams like RRB PO mains, RRB Assistant mains, NIACL Assistant mains and upcoming IBPS PO and clerical exams. The most important things […]

18 September

What is QR Card?

QR (Quick Response) Card is issued by recently launched Indian Post Payments Bank (IPPB) which has started its operation with 650 branches and 3250 access points. It is expected that it will connect all the 1.55 post offices with the IPPB by December 2018. IPPB is headquartered in New Delhi and Suresh Sethi is the […]

16 September

Banking Abbreviations

Abbreviations related to banking and finance are commonly asked in banking exams like IBPS PO, RRB PO, SBI PO, SBI Clerk, IBPS Clerk, and other banking exams. The list of 100 most important banking abbreviations is given here.

16 September

List of Governors

Governor is the constitutional head of the state and is appointed by the President of India on the recommendation of the central government of that time for a period of five years. Each of the 29 states is headed by the governor while union territories of Andaman Nicobar, Delhi and Puducherry are headed by lieutenant […]

14 September

OSI Model

Open System Interconnection (OSI) model was developed in 1983 by the representatives of major telecommunication and computer companies. OSI architecture was officially adopted as an International standard by the International Standardization Organisation (ISO). The main concept of OSI is that the process of communication between two endpoints in a network can be divided into seven distinct […]

14 September

Types of Computer

Computer is an electronic device which processes the data given to it as input and gives us the output in the form of meaningful information. These days it is almost impossible to carry out day to day operations in banks, government offices, shops, companies, etc without using the computers. However, different types of computers are […]

13 September

Atal Pension Yojana

Atal Pension Yojana (APY) is a government-backed pension scheme for the unorganised sector workers who are neither under any social security scheme nor income taxpayers. This scheme was originally launched in 2010-11 by the name of Swavalamban Yojana while in 2015 Government of India relaunched it by the name of Atal Pension Yojana. This scheme is […]

09 September

Kishan Credit Card Scheme

Kishan Credit Card (KCC) scheme was introduced in the budget for the year 1998 by then finance minister Mr Yashwant Sinha and it was implemented in the month of August of the same year. Kishan Credit Card scheme was introduced to provide short-term credit to farmers on the basis of their land holdings so that farmers […]