Here are the complete banking awareness notes for all bank exams. What is banking? Banking is an activity. The activity involves the following: Accept deposits from the public: The bank accepts money from us, the public. Many people deposit their money with banks. When you deposit your money with the bank, you are the depositor. You deposit money means you lend money to the bank. The bank pays you interest for this loan. Give loans: Banks give loans to the public. When you accept loans from the bank, you become a borrower. You have to pay interest to the bank. Bank will give loan to the depositor from the borrower’s money. The bank will charge more rate of interest from the borrower than what it pays to the depositor (or lender). The surplus money will remain with the bank. It is how banks earn. The bank will now use the surplus money to pay its employees, build infrastructure, etc. Issue cards and provide services: Banks issue debit cards and credit...
Here are the complete banking awareness notes for all bank exams. What is banking? Banking is an activity. The activity involves the following: Accept deposits from the public: The bank accepts money from us, the public. Many people deposit their money with banks. When you deposit your money with the bank, you are the depositor. You deposit money means you lend money to the bank. The bank pays you interest for this loan. Give loans: Banks give loans to the public. When you accept loans from the bank, you become a borrower. You have to pay interest to the bank. Bank will give loan to the depositor from the borrower’s money. The bank will charge more rate of interest from the borrower than what it pays to the depositor (or lender). The surplus money will remain with the bank. It is how banks earn. The bank will now use the surplus money to pay its employees, build infrastructure, etc. Issue cards and provide services: Banks issue debit cards and credit...
Hey guys! Welcome back! We all have seen flying dinosaurs in movies. But, the all flying dinosaurs were better even than they show in the movies. Here are some scientific facts about dinosaurs to make you crave more. Scientists compared the flying dinosaurs with birds. They said that the flying dinosaur was too heavy to fly and stay aloft! But the high oxygen level of the Mesozoic made the atmosphere dense enough to allow the huge bird-like organisms to fly. Scientists also wondered how they took off for flight. After all, the flying dinosaurs were cold-blooded, meaning they did not have a lot of energy. Later, scientists discovered that Pterosaurs were warm-blooded. Scientists have cool names for all that exists. Scientists like to call the flying dinosaur a Pterosaur. Are there any flying dinosaurs? / Did flying dinosaurs exist? No, the Pterosaurs were cousins of dinosaurs. And, when we say ‘Pterosaur’, we mean ‘flying dinosaur’. Are flying dinosa...
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