When it comes to the examinations conducted by IBPS and other agencies for recruitment of clerks and officers in commercial banks in India, the candidates are in a position to appear for preliminary and final examinations. "Current affairs which include banking awareness" is one among the subjects earmarked for the final examination and candidates are many times asked to provide the details of abbreviations related to banking and the present handbook is a collection of such abbreviations and the handbook is useful for the candidates in updating their knowledge about such abbreviations.
For example:
REER - Real effective exchange rate
SARFAESI - Securitisation and reconstruction of financial assets and enforcement of security interest act.
The question may be like this: When it comes to the term called as CAMEL, what do you know by the letter "M"? . The answer is M - Management (CAMEL = Capital adequacy, Asset quality, Management, Earnings and Liquidity)
This apart, the handbook can be used by the readers who are willing to improve their knowledge about banking and also the bank employees who are appearing for their promotion examinations.
1 comment:
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