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🏛️ Banking & Financial AwarenessIBPS and State Bank of India

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4 chapters in syllabus order, in English and Hindi.

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  • 4chapters
  • 70quiz questions
  • EN + हिंevery chapter in both

Syllabus

Banking Banking & Financial Awareness chapters

In the order you should study them.

🏛️ 4 chapters, in order4 chapters
  1. Banking Operations and Terminology
  2. Financial Institutions, Regulators and Government Financial Schemes
  3. RBI, Monetary Policy and Banking Regulation: What Each Tool Does
  4. Digital Banking, Payment Systems and Cyber-Fraud Safety

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Try a real Banking & Financial Awareness question

A real question from the course. No sign-up needed.

From the chapter: Banking Operations and Terminology

A resident-turned-NRI wants to park the monthly rent that his Indian flat earns in a rupee account in India. Which account is meant for income earned in India?

Show the answer and why

Answer: C.

Income earned in India, such as rent, belongs in an NRO account, whose balances can be repatriated abroad only within a limit and under conditions. NRE is the tempting choice but it is funded from foreign earnings and is freely repatriable; FCNR(B) holds foreign currency.

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