(a) Internet Banking (b) Telephone Banking (c) Electronic Cheque Conversion (d) Electronic Bill Payment (e) Direct Fund Transfer through RTGS
List I List II (a) Future (i) Consists of purchase or sale of commodities in two different markets with the expectations that a future change in price in one market will be off set by an opposite change in the other market. (b) Swap (ii) A contract in which a seller agrees to deliver an […]
Assertion (A): The future will see mostly the electronic money clearance through satellite networking. Reasoning (R): RBI is encouraging e-banking.
(i) Capital adequacy norms for commercial banks. (ii) Establishment of IDBI (iii) Allowing convertibility of rupee at the market rate in the current account (iv) Nationalization of general insurance business Arrange the events in the ascending order of their occurrence:
Statement (I): Capital adequacy norms help banks in strengthening their capital base. Statement (II): Capital adequacy norms help banks in sanctioning more loans.