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QUALIFYING JAIIB EXAMS MADE EASY
A fresher joining the banking sector deal with several challenges on job, in the form of extended working hours, demanding customers and unyielding bosses. Many would hardly remember how the times flies and they are set now for new challenges in their career… planning for upward movement in their career amid big challenges and enormous competition from their fellow colleagues and peers. And the first step in this direction is to gain enough knowledge and guidance on “how to pass JAIIB in first attempt.” Right!! The reasons are obvious that clearing the JAIIB exams. i.e., Junior Associate of Indian Institute of Bankers not only unlock an extra increment in their…
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BANKING AWARENESS – BOOK REVIEW
Banking Awareness - 2020 Edition by IBC Academy Publication, is a must have book for the serious candidates for Bank PO or Clerk, who wish to cover many important subjects with comprehensive coverage.
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CRACKING BANK PROMOTION EXAMS MADE EASY
Banking – For Bank Promotion Exams. is a comprehensive book meant for the banking professionals who aspire to shape up their career in the banking sector and are about to appear for their internal Promotional exams, be it for Clerks cadre to Officers in JMG Scale –I to MMG Scale II or MMG Scale II to MMG Scale III in PSU Banks.
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AND NOBEL PRIZE 2020 GOES TO ..
The Nobel Prize is a set of annual international awards bestowed in several categories – Chemistry, Literature, Peace, Physics, Economic science and Physiology or Medicine by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advances. The will of the Swedish chemist, engineer and industrialist Alfred Nobel established the five Nobel prizes in 1895. The prizes were first awarded in 1901. The prizes are widely regarded as the most prestigious awards internationally available in their respective fields. Physiology or Medicine Drs. Harvey J. Alter, Michael Houghton and Charles M. Rice on Monday received the prize for their discovery of the hepatitis C virus. The Nobel committee said the three scientists had “made possible blood tests and new medicines that have…
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THE FCRA AMENDMENT ACT, 2020 – NAIL IN THE COFFIN OF NGOs
An NGO is registered under the FCRA Act, 2010 or granted Prior Permission by Central government for receiving and utilising foreign funds/contribution. It can receive and utilize foreign funds/ contribution for a definite cultural, economic, educational, religious or social programme as provided under Section 11 of the Act. The Act came into force on May 1, 2011 and has been amended twice. The first amendment was made by section 236 of the Finance Act, 2016 and the second by section 220 of the Finance Act, 2018. Inflow of foreign contributions A first-ever exercise conducted has revealed that India has at least 31 lakh registered NGOs — more than double the number of…
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DEMONETIZATION WAS A MASTER STROKE BY A HONEST PM
Demonetization process may be construed as a huge elephant and with our limited vision, we tend to look at one side of it, one small aspect of it and sometime which suits our negative belief to look down the Govt.
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CORONAVIRUS IS A CHINESE VIRUS
Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus. Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.
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IBC – 2016 IS A WATERSHED DEVELOPMENT FOR BANKING SECTOR
The enactment of the Insolvency and Bankruptcy Code, 2016 in May 2016 was a watershed development and it has far-reaching implications for the banking sector in India. The fulcrum of a robust and resilient banking sector is a comprehensive bankruptcy regime.
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BONDS AS AN INVESTMENT INSTUMENT
A bond is a fixed income investment in which an investor loans money to an entity (typically corporate or government) which borrows the funds for a defined period of time at a variable or fixed interest rate.
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AN EFFICIENT RISK MANAGEMENT FRAMEWORK IN BANKS IS PARAMOUNT
An essential component of risk management framework would be to mitigate all the risks and rewards of the products and service offered by the bank. Thus, the need for an efficient risk management framework is paramount in order to factor in internal and external risks.
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FINANCIAL INCLUSION IS A PRE-REQUISITE FOR SOCIAL ENGINEERING
Financial Inclusion is the pursuit of making financial services, such as access to payments and remittance facilities, savings, loans and advances, insurance services etc. – accessible at affordable costs to all individuals and businesses, irrespective of net worth and size, respectively.
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PREVENTION OF MONEY LAUNDERING ACT, 2002
Prevention of Money Laundering Act, 2002 was enacted to prevent money-laundering and to provide for confiscation of property derived from money-laundering. PMLA and the Rules notified there under came into force with effect from July 1, 2005.
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READING IS A HEALTHY HABIT
Reading is a healthy habit, which not only improve your mental faculty but helps you in many other ways in your day-to-day life. Some feels that reading helps them score well academically and to get higher marks in exams., some gets a habit to read to help keep them busy and entertain themselves.