This article only deals with General Awareness part. The approach to Maths, English and reasoning, covered in separate articles. BANKING TERMSThe basic banking terms are frequently asked in all the Bank. Interviews. These terms are useful not only for your interview but also for. Knowledge and Understanding of Important Banking terms. Also these banking terms are. Banking Aspirants, Economics Commerce students, MBA aspirants. Exams. Knowing basic banking terms not only gives you an edge over. Account Agreement. The contract governing your open end credit account, it provides information on. Account History The. Banking-Awareness-Part-02-SMC-Education-1024x523.png' alt='Banking Awareness 2013 Pdf' title='Banking Awareness 2013 Pdf' />Preliminary versions of economic research. Did Consumers Want Less Debt Consumer Credit Demand Versus Supply in the Wake of the 20082009 Financial Crisis. Introduction. In recent years, cyber crime has grown by leaps and bounds. Cyber crime revenue grew to levels comparable to that of a state, and major security. Figure Estimated cost of cybercrime TrendMicro 2013 Cybercrime statistics. To better understand the effect of cybercrime on a global scale, I decided to. Islamic banking or Islamic finance Arabic or shariacompliant finance is banking or financing activity that complies with sharia. F riends, in our last post we have discussed about the basics of Permutations and Combinations. With this post we are giving you a pdf file of the brief summary of. Bermudas banks Only four operate in the local market. By Keith Archibald Forbes see About Us exclusively for Bermuda Online. While Bermuda is certainly an offshore. How to prepare General Awareness Banking Awareness for IBPS CWE POMT exam What are the high priority areas under Banking awareness syllabus The U. S Government Printing Office GPO provides publishing and dissemination services for the official and authentic government publications to Congress and Federal. In July 2013, the analytical research company Gartner published Hype Cycle for Open Banking. Gartner described open banking as the provision. SzF2k3L0w4/VHhcV0cIKUI/AAAAAAAACbk/kRLGtMvLiIY/s1600/Banking%2Bsystem%2Bin%2BIndia.png' alt='Banking Awareness 2013 Pdf' title='Banking Awareness 2013 Pdf' />Account Holder Any. Each account holders signature needs to be on file with the bank. The. signature authorizes that person to conduct business on behalf of the account. Acquiring Bank In. Accrued interest Interest due from issue date or from the. Accrued interest on bonds must. Adjustable Rate. Mortgages ARMS Also known as variable rate mortgages. The initial. interest rate is usually below that of conventional fixed rate loans. The. interest rate may change over the life of the loan as market conditions. There is typically a maximum or. If interest. rates rise, so does the loan payment. If interest rates fall, the loan payment. Arbitrage Buying. Adverse Action Under. Equal Credit Opportunity Act, a creditors refusal to grant credit on the. Adverse Action. Notice The notice required by the Equal Credit Opportunity Act advising a. AER Annual. earnings rate on an investment. Affidavit A. sworn statement in writing before a proper official, such as a notary public. Alteration Any. change involving an erasure or rewriting in the date, amount, or payee of a. Amortization The. Anytime Banking. With introduction of ATMs, Tele Banking and internet banking, customers can. The Banking Hours is not. Anywhere Banking. Refers to banking not only by ATMs, Tele Banking and internet banking, but also. All major banks in India have brought in core banking in their. Annual Percentage. Rate APR The cost of credit on a yearly basis, expressed as a. Annual Percentage. Yield APY A percentage rate reflecting the total amount of interest paid. Annuity A life. Deferred. APR  The annual percentage rate of interest. Application Under. Equal Credit Opportunity Act ECOA, an oral or written request for an extension. Appraisal The. act of evaluating and setting the value of a specific piece of personal or real. Ask Price The. lowest price at which a dealer is willing to sell a given security. Asset Backed. Securities ABS A type of security that is backed by a pool of bank. Most ABS are backed by auto loans and credit. At the money The. ATM  ATMs are Automatic Teller Machines, which do. Computer Network. ATMs are located on the. ATMs are useful to dispense cash. Authorization The. Automated Clearing. House ACH A computerized facility used by member depository institutions. ACHs process electronic transfers of government securities and provided. Automated Teller. Machine ATM A machine, activated by a magnetically encoded card or other. These include. accepting deposits and loan payments, providing withdrawals, and transferring. Automatic Bill. Payment A checkless system for paying recurring bills with one. For example, the customer. The necessary debits and credits are made through an. Automated Clearing House ACH. Availability Date. Banks policy as to when funds deposited into an account will be available for. Availability Policy. Banks policy as to when funds deposited into an account will be available for. Available Balance. The balance of an account less any hold, uncollected funds, and restrictions. Available Credit The. Banking. Accepting for the purpose of lending or investment of deposits of money from. Public, Repayable on demand or otherwise and withdraw able by cheques, drafts. Bank Ombudsman Bank. Ombudsman is the authority to look into complaints against Banks in the main. RBI. This Scheme was. This scheme. covers all scheduled banks, the RRBs and co operative banks. Bancassurance  Bancassurance refers to the distribution of. Bankers Lien. Bankers lien is a special right of lien exercised by the bankers, who can. Bankers can have this right in the absence of a contract to the contrary. Basel II The. Committee on Banking Regulations and Supervisory Practices, popularity known as. Basel Committee, submitted its revised version of norms in June, 2. Under. the revised accord the capital requirement is to be calculated for credit. The minimum requirement continues to be 8 of. Tier I II Capital Tier II shall continue to be not more. Tier I Capital. Brick Mortar Banking. Brick and Mortar Banking refers to traditional system of banking done only in a. Free Download Cats Pictures there. Now there are banking channels. ATM, Internet Banking, tele banking etc. Business of Banking. Accepting deposits, borrowing money, lending money, investing, dealing in bills. Foreign Exchange, Hiring Lockers, Opening Safe Custody Accounts. Issuing Letters of Credit, Travelers Cheques, doing Mutual Fund business. Insurance Business, acting as Trustee or doing any other business which Central. Government may notify in the official Gazette. Bouncing of a cheque. Where an account does not have sufficient balance to honour the cheque issued. Exceeds arrangement. This is known as Bouncing of. Basis Point One. A measure normally used in the statement of interest rate. Bear Markets. Unfavorable markets associated with falling prices and investor pessimism. Bid ask Spread. The difference between a dealerss bid and ask price. Bid Price The. highest price offered by a dealer to purchase a given security. Blue Chips Blue. They are issued by large and well established firms that have. Bond Publicly. traded long term debt securities, issued by corporations and governments. Book Value The. amount of stockholders equity in a firm equals the amount of the firms assets. Broker Individuals. Brokerage Fee. The commission charged by a broker. Bull Markets Favorable. Call Option The. Callable Bonds. Bonds that give the issuer the right to redeem the bonds before their stated. Capital Gain The. Capital Markets. The market in which long term securities such as stocks and bonds are bought. Certificate of. Deposits CDs Savings instrument in which funds must remain on deposit. Certificate of Deposit. Certificate of Deposits are negotiable receipts in bearer form which can be. This is also a money market instrument,issued. The minimum deposit amount is. Rs. 1 lakh and they are transferable by endorsement and delivery. Cheque Cheque is. Money is. generally withdrawn by clients by cheques. Cheque is always payable on demand. Cheque Truncation Cheque. Generally truncation takes place at the collecting branch, which sends the. Closed end Mutual. Fund A fund with a fixed number of shares issued, and all trading is done. The share prices are determined by market. Collateral A. specific asset pledged against possible default on a bond. Mortgage bonds are. Collateral trusts bonds are backed by claims on. Equipment obligation bonds are backed by claims on equipment. Commercial Paper. Short term and unsecured promissory notes issued by corporations with very high. Common Stock. Equity investment representing ownership in a corporation each share. Compound Interest Interest. Contract Note  A note which must accompany every security. Top Part Time Mba Programs 2008. Controlling. Shareholder Any person who is, or group of persons who together are. Convertible Bond. A bond with an option, allowing the bondholder to exchange the bond for a. A conversion price is.