Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The Reserve Bank of India in its ‘Statement of Developmental and Regulatory Policies’ dated February 05, 2021 for improving ease of access by retail investors through online access to the…
A Bill of Lading is a document issued by a Carrier to a Shipper, confirming goods were received in an acceptable condition and are ready to be shipped and delivered…
A Shipper (exporter/supplier) of the goods normally hires a freight forwarder (forwarding agent) or Non-Vessel Operating Common Carrier (NVOCC) in order to arrange transportation of his goods to a foreign…
The government has decided to keep the interest rates for small savings schemes unchanged for the July-September quarter, the fifth in a row. The last revision in small savings rates…
The Interest Equalisation Scheme for export credit is available to all MSME exporters under 416 tariff lines under Indian Trade Clarification (ITC)- Harmonized System (HS) Codes of 4 digits and…
Generally speaking, “relative”, with reference to any person, means any one who is related to another. Your family members are also called your relatives.Your immediate family includes your father, mother…
A lawful permanent resident is some one who has been granted the right to live in a country or territory of which such person is not a citizen but where…
Updated on 25.06.2021 (As per the new definition, Written Down Value (WDV) is at the end of the Financial Year as defined in the Income Tax Act and not cost…
Updated on 24.06.2021 Banks that are nominated to import gold as per extant instructions of RBI, may extend Gold (Metal) Loans to domestic jewellery manufacturers, (who are not exporters of…
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