Friday, 3 February 2017

Banking Questions Test (MCQ)- 16


1. House repair loan in Rural centre  can come under PSC if max  loan is____
a)  2 lac               b) 5 lac           c) 7 lac          d) None     

Thursday, 2 February 2017

Bullet points of Union Budget 2017-18

Bullet points of Union Budget 2017-18
W      CPI-based inflation declined from 6% in July 2016 to 3.4% in December, 2016
W      India’s Current Account Deficit declined from about 1% of GDP last year to 0.3% of GDP in the first half of 2016-17.
W      FDI grew 36% in H1 2016-17 over H1 2015-16.
W      Global FDI inflows reduced by 5%.

Wednesday, 1 February 2017

Banking Questions Test (MCQ)- 15


1. How many years MSME units will continue to remain eligible for PSC after they grow out of MSME (as per definition) ?
a) 3             b) 5                     c) 1                d) None

Banking Terms for Bank Exam & other Exam-1

1. HUF- Hindu Undivided Family
2. IB/RAW- Intelligence Bureau/Research & Analysis Wing

Monday, 30 January 2017

PUBLIC PROVIDENT FUND (PPF) 1968

PUBLIC PROVIDENT FUND (PPF) 1968



  • Interest rate of 8.1% per annum w.e.f. 01-04-2016 (1st Quarter-01.04.2016 to 30.06.2016)
  • Minimum deposit is 500/- per annum. Maximum deposit is Rs. 1,50,000/- per annum
  • The scheme is for 15 years.
  • Investment up to Rs 1, 50,000/- per annum qualifies for Income Tax Rebate under section 80C of IT Act.

Banking Questions Test (MCQ)- 14

                                  Banking Questions Test- 14

1. Loan given to X customer service unit to undertake farm work for farmers on contract basis will come under ______
a) MSME            b) Agriculture            c) SSI               d) Others

2. Loans granted under MUDRA scheme will come under PSC category____
a) SSI            b) Social Infrastructure     c) MSME      d) Others