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Forex banking interview questions and answers for freshers
these institutions performs all operations under the ambit of banking regulations. The Banking Ombudsman Scheme offers an easy and inexpensive platform to bank customers for lodging their complaints against certain services offered by the Banks. When banks need liquidity to meet its daily requirement, they borrow from RBI through repo. Established in 1986, this index shows the 30 most traded stocks of BSE. SLR is a type of monetary Policy tool that RBI can use to effectively regulate the expansion of credit by the banks. Banking services offered to high net-worth individuals is called Private Banking. In order to open a DeMat account, one needs to approach the Depository Participants. What is sensex and nifty? What is Inflation?
Whereas lesser investment will be treated as FPI. What is Private Banking? FII (Foreign Institutional Investor) used to denote an investor that proposes to make an investment in Indian securities. PS: Cross Questions can be asked about money laundering.
In addition, an accidental insurance cover of Rs 1 lakh will be provided by hdfc Egro. As per KYC guidelines prescribed by RBI, some personal information of the customer is required while opening an account (or renewal of old accounts!). Bank rate.k.a discount rate, is the interest rate at which the central bank (RBI) charges loans and advances to commercial banks and other financial intermediaries. Nabard was established on the recommendations of Shivaraman Committee. What are Treasury Bills? A maximum of 1 Lakh INR can be deposited in such accounts. Sensex stands for Sensitive Index how to trade binary options effectively and is associated with the Bombay Stock Exchange. The Reserve Bank of India is the central bank of India.