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Tag Banking Basic Q & A

11 Apr

Banking Basic Q & A – 3

What is Disinvestment? A: The Selling of the government stake in public sector undertakings. What is Fiscal Deficit? A: It is the difference between the government’s total receipts (excluding borrowings) and total expenditure. Fiscal deficit in 2009-10 is proposed at 6.8% of GDP. What is Revenue deficit? A: It defines that, where the net amount […]

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10 Apr

Banking Basic Q & A

WHAT IS A BANK? DEFINE A BANK? An organisation which accepts deposits from public repayable on demand or otherwise for the purpose of lending and investment. WHAT IS A BANKING COMPANY? Any company, which transacts the business of banking defined above is termed as Banking company and in INDIA these are regulated by BANKING REGULATION […]

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