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• TutionCentral

  Ans: 9 digits. (First three digits denotes city, next three digits representing the bank and the last three digits representing the bank branch) 2. What is the minimum limit in RTGS system? Ans: ...

• Formulas and Theories: Numbers - TutionCentral

  (Useful in solving some inequations) (4) Product of any two numbers = Product of their HCF and LCM . Hence product of two numbers = LCM of the numbers if they are prime to each other . 6) For any 2 n...

• Logic , Form and Validity and Fallacies - TutionCentral

  Logic , Form and Validity and Fallacies Logic The art of thinking and reasoning in strict accordance with the limitations and incapacities of the human misunderstanding. The basic of logic is the syl...

• TOOLS OF MONETARY CONTROL - TutionCentral

  TOOLS OF MONETARY CONTROL 1. Cash Reserve Ratio (CRR) It refers to the cash that all banks (scheduled and non-scheduled) are required to maintain with RBI as a certain percentage of their demand and ...

• Find sum of digits - TutionCentral

  Find sum of digits Let  A= 19991999 C = sum of digits of B D = sum of digits of C (HINT : A = B = C = D (mod 9))   Let E = sum of digits of D. It follows from the hint that A = E (mod 9) Conside...

• Banking - Terms - Cheque Truncation System (CTS) - TutionCentral

  1. What is Cheque Truncation? Truncation is the process of stopping the flow of the physical cheque issued by a drawer at some point by the presenting bank en-route to the drawee bank branch. In its p...