BANKING

• What is bank? What are the types of banks?
• What is investment banking?
• What is commercial bank?
• What are the types of Commercial Banks?
• What is consumer bank?
• What are the types of accounts in banks?
• What are the different ways you can operate your accounts?
• What are the things that you have to keep in concern before opening the bank accounts?
• What is ‘Crossed Cheque’ ?
• What is overdraft protection?
• Do bank charge for ‘overdraft protection’ service?
• What is (APR) Annual Percentage Rate?
• What is ‘prime rate’?
• What is ‘Fixed’ APR and ‘Variable’ APR?
• What is the ‘cost of debt’?
• What is ‘balloon payment’?
• What is ‘Amortization’?
• What is negative Amortization?
• What is the difference between ‘Cheque’ and ‘Demand draft’?
• What is debt-to-Income ratio?
• What is adjustment credit?
• What do you mean by ‘foreign draft’?
• What is ‘Loan grading’?
• What is ‘Credit-Netting’?
• What is ‘Credit Check’?
• What is inter-bank deposit?
• What is ILOC (Irrevocable Letter Of Credit)?
• What is the difference between bank guarantee and letter of credit?
• What is cashier’s cheque?
• What do you mean by co-maker?
• What is home equity loan?
• What is Line of credit?
• How bank earns profit?
• What are payroll cards?
• What is the card based payments?
• What ACH stands for?
• What is ‘Availability Float’?
• What is Cost Of Funds Index (COFI)?
• What is Convertibility Clause?
• What is Charge-off?
• What ‘LIBOR’ stands for?
• What do you mean by term ‘Usury’?
• What is Payday loan?
• What do you mean by ‘cheque endorsing’?
• What are the different types of Loans offered by banks?
• What are the different types of ‘Fixed Deposits’?
• What is ‘Bill Purchase’?
• What is ‘Cheque Discount’?