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Which bank provides maximum interest on RD?Here are some banks that offer the best interest rates for RD schemes: Deutsche Bank gives 8.00% p.a. for 5-year deposits, which is one of the best RD rates in India. For 1-year tenure, Lakshmi Vilas Bank offers the highest returns, at 7.75% p.a., followed by IndusInd Bank at 7.60%.Recurring Deposit Interest RatesWhich Banks offer the Highest Recurring Deposit Interest Rates in India?[When it comes to risk-free investments, a recurring deposit is one of the popular options available to you. Under this investment scheme, you need to deposit a fixed amount every month for a specific period of time. You will earn interest on the invested amount as per the interest rate offered by the bank where the RD account is opened.Best Recurring Deposit Schemes in India with Highest Interest Rates*Here are some banks that offer the best interest rates for RD schemes:Deutsche Bank gives 8.00% p.a. for 5-year deposits, which is one of the best RD rates in India.For 1-year tenure, Lakshmi Vilas Bank offers the highest returns, at 7.75% p.a., followed by IndusInd Bank at 7.60%.For 2-year tenure, the highest interest rates are offered by Lakshmi Vilas Bank at 7.85% p.a. and then by IndusInd Bank at 7.75%.For 3-year and 4-year tenures, you earn the best RD interest rates with Lakshmi Vilas Bank at 7.85% p.a.Other banks to consider for high returns on your RD savings are IndusInd Bank (rate of interest 7.25% to 7.60%) and Bandhan Bank (rate of interest: 7.35% to 7.65%). ]Recurring Deposit Interest RatesThe interest rate offered by banks on RDs depends on factors like which category you fall under and the tenure you choose. Most banks offer senior citizens a higher rate of interest when compared to regular citizens. A variety of RD schemes are made available to you by banks. In addition to the regular schemes, special schemes are also offered to help you achieve the goals. The interest rates offered by banks on RD range between 3.50% to 8.40% p.a. for the general public. Senior citizens are offered an additional rate of interest by banks for opening an RD account.BankRD Interest Rates(General Public)Senior Citizen RD RatesHDFC Bank5.65% - 7.10% p.a.6.15% - 7.60% p.a.ICICI Bank5.75% - 7.10% p.a.6.25% - 7.60% p.a.State Bank of India4.50% - 6.50% p.a.5.00% - 7.00% p.a.Allahabad Bank5.00% - 6.75% p.a.5.00% - 6.75% p.a.Andhra Bank3.50% - 6.60% p.a.4.00% - 7.10% p.a.Axis Bank3.50% - 7.10% p.a.3.50% - 7.75% p.a.Bandhan Bank3.50% - 7.65% p.a.4.25% - 8.40% p.a.Bank of Baroda4.50% - 6.60% p.a.5.00% - 7.10% p.a.Bank of India6.75% - 7.00% p.a.7.25% - 7.50% p.a.Bank of Maharashtra4.25% - 6.00% p.a.4.75% - 6.50% p.a.Canara Bank5.00% - 6.25% p.a.5.50% - 6.75% p.a.Central Bank of India4.50% - 6.25% p.a.5.00% - 6.75% p.a.CitiBank5.25% - 5.50% p.a.3.50% - 6.00% p.a.City Union Bank6.00% - 6.75% p.a.6.25% - 7.25% p.a.Corporation Bank5.00% - 6.90% p.a.5.50% - 7.40% p.a.DBS Bank4.00% - 6.50% p.a.4.50% - 7.00% p.a.Dena Bank4.50% - 6.60% p.a.5.00% - 7.10% p.a.Deutsche Bank6.25% - 7.75% p.a.6.25% - 7.75% p.a.Dhanalakshmi Bank4.00% - 6.90% p.a.4.50% - 7.40% p.a.Federal Bank3.50% - 7.25% p.a.4.00% - 7.75% p.a.IDBI Bank3.50% - 6.95% p.a.4.00% - 7.45% p.a.Indian Bank4.50% - 6.60% p.a.5.00% - 7.10% p.a.Indian Overseas Bank5.75% - 6.80% p.a.6.25% - 7.30% p.a.IndusInd Bank3.75% - 7.50% p.a.4.25% - 8.00% p.a.Jammu and Kashmir Bank4.75% - 6.75% p.a.5.25% - 7.25% p.a.Karnataka Bank3.50% - 6.80% p.a.4.00% - 7.30% p.a.Karur Vysya Bank5.00% - 7.00% p.a.7.00% - 7.50% p.a.Kotak Mahindra Bank6.25% - 6.70% p.a.6.75% - 7.25% p.a.Lakshmi Vilas Bank4.50% - 7.60% p.a.4.50% - 8.20% p.a.Oriental Bank of Commerce5.40% - 6.80% p.a.5.40% - 6.80% p.a.Post Office RD Rates7.20% p.a.7.20% p.a.Punjab and Sind Bank6.40% - 7% p.a.6.90% - 7.50% p.a.Punjab National Bank4.50% - 6.60% p.a.5.00% - 7.10% p.a.Saraswat Bank6.50% - 7.60% p.a.6.50% - 7.85% p.a.South Indian Bank6.50% -7.45% p.a.7% - 7.95% p.a.Syndicate Bank6.35% - 7.15% p.a.6.85% - 7.65% p.a.Tamilnad Mercantile Bank6.75% - 7.25% p.a.6.75% - 7.50% p.a.UCO Bank4.50% - 6.50% p.a.5.00% - 7.00% p.a.Union Bank of India5.00% - 6.75% p.a.5.50% - 7.25% p.a.United Bank of India5% - 6.25% p.a.5.50% - 6.25% p.a.Vijaya Bank5.75% - 7% p.a.6.25% - 7.50% p.a.Yes Bank6.85% - 7.75% p.a.7.35% - 8.25% p.a.Note: The rates mentioned above are as of 12 September 201Types of Recurring Deposit Interest RatesRegular Savings Scheme - Banks offer recurring deposits to Indian citizens above the age of 18 years. Customers can choose to deposit a fixed sum of money for a period of time, usually between 6 months to 10 years. Interest can be computed on a simple or compound basis. At the end of the tenure, the lump sum amount can be withdrawn. Some schemes allow you to reinvest the money. You can open a recurring deposit for as little as Rs. 10 per month. The interest rates on the regular recurring deposits range between 7% to 8% per annum.Junior RD Schemes - Bank’s also offer recurring deposit schemes for kids. Parents or guardians can open these deposits for their children to start saving for their future, education and other needs. Students can also avail of these deposit schemes. Learning to handle finances and the importance of saving at a young age will help inculcate a smart sense of money. The interest earned on these deposits will either be equivalent to the regular RD schemes or be higher to encourage saving amongst the youngsters.Senior Citizens RD Schemes - Banks offer higher rates of interest for senior citizens. Usually, 0.50% per annum is given over and above the prevailing interest rate. The interest rates range between 7.5% to 9.25% per annum. There are also schemes available that are designed to help senior citizens during their retirement and old age.NRE/NRO RD schemes - NRE and NRO recurring deposit accounts may be offered a lower interest rate. Furthermore, senior citizens who hold NRE/NRO accounts will not be offered an additional interest rate. These accounts attract around 7.50% interest per annum.Special RD Schemes - Banks offer different schemes designed to suit the needs and capabilities of a variety of people. These schemes generally carry a higher rate of interest as your goal is more specific. ICICI Bank offers the iWish deposit which allows you to contribute various amounts of money to your RD account. Furthermore, other people can also contribute to help you reach your goals. There are RD schemes with free life insurance available. With certain schemes, you are allowed to withdraw the money in part without breaking the full deposit. Other schemes reward you with a bigger lump sum amount which makes it a worthwhile investment.Factors That May Affect Recurring Deposit Interest RatesType of account - The account you hold will make a difference in the eligible interest rates. Regular savings accounts usually get higher interest than the NRE/NRO accounts. Some banks offer the same interest rates to both account holders.Tenure - The tenure of your deposit is one of the most important factors in determining the RD interest rate. Medium-term deposits generally earn a much higher interest rate. Some banks offer the highest rate on long-term deposits of 10 years. But this is not always the case as some banks also offer the same interest rate on a 1-year deposit as well as a 10-year deposit.Age - Almost all banks offer a higher rate of interest to senior citizens. This rate is usually 0.5% per annum higher than the regular interest rates. Junior accounts can also stand to earn a higher interest rate. This depends on the bank’s offer on minor accounts.Choice of a bank - Interest rates vary quite a bit between different banks. Currently, the top banks offer recurring deposits starting at 7% per annum interest. Nationalized banks tend to offer a higher interest rate of up to 8% per annum.Schemes on offer - Banks also have different recurring deposit schemes running. Corporation Bank has a Millionaire Scheme on offer wherein you will receive a million rupees at the end of the scheme. This deposit carries a very high-interest rate of 9.25% per annum. So the choice of your deposit scheme will also factor in the interest rate. Depending on the benefits offered with the RD scheme, your interest rate may vary.Benefits of Recurring Deposit Interest RatesSafe investment - Recurring deposits carry no risk or very little at all. Choose a stable and secure bank to ensure that your money is safe. Recurring deposits are just a simple investment of your money and do not dabble in the markets. Therefore the interest rate will not fluctuate and you do not stand to lose any money.Earn while you save - Your deposit will earn interest from your first contribution. The interest accumulated will increase through your tenure. The longer you invest, the more interest you will earn.Lump-sum payout - At the end of the RD tenure, you will receive a lump sum of cash. This amount includes your contribution plus the interest earned. You can use the money to reinvest it or spend it on what you were saving for.Online access - Most banks offer Internet Banking services which you can use to open deposits, access your accounts and see the progress of your deposit. You can also view the different interest rates offered. You can pick the tenure and deposit amount suitable to you and also earn the highest interest offered.Loan offers - When you have an RD with a bank, you sometimes get pre-approved loan offers. In other cases, your loan applications will be given preference and your processing might be faster. In addition to this, banks offer concessional interest rates on loans as well.Recurring Deposit vs Fixed DepositFixed Deposits and Recurring Deposits are among the most popular investment options in India. If you are planning to invest in either of this, you must be aware of the differences between Recurring Deposit and Fixed Deposits. It is very common for the first time investors to get confused between RD and FD. While both Recurring Deposit and fixed deposits are offered by most of the banks in India, each come with their own advantages and disadvantages.Before investing in a Recurring Deposit or Fixed Deposit scheme, you must be familiar with certain important features of the scheme such as rate of interest and investment limit.Tax on Recurring Deposit Interest ratesRecurring Deposit is a very popular investment scheme amongst the risk-averse Indians mainly because of the good returns and savings benefits that it offers. In a Recurring Deposit scheme, you will have to deposit a fixed amount of money every month for a predefined period of time and the amount will fetch you interest. But, for interest that you earn on Recurring Deposit investment amounts, 10% will be deducted as TDS. Also, the Tax Deducted at Source (TDS) will be 20% if the Pan information is not provided. The Tax Deducted at Source (TDS) varies depending on your annual income, your age and the interest that you accrue on your RD amount.Read on to know more about the TDS for your Recurring Deposit Interest AmountWhich Banks Offer the Highest Recurring Deposit Interest Rates in India?Almost all banks which operate in the country offer attractive interest rates on RDs. Among all the banks listed above, Lakshmi Vilas bank offers the highest interest on RDs to both general citizens and senior citizens.]

IBPS/SBI/RRB examinations– Banking and financial awarenessChecklist for study preparation01Indian financial system – Financial intermediaries; Money market; Capital market; Financial assets;02Reserve Bank of India – History, Role and functions of Reserve Bank of India; Traditional functions; Development functions; Regulatory functions;03Banking history – Origin of banks - Nationalised banks first stage; Nationalised banks second stage; Old private sector banks; New private sector banks; SBI group banks; Foreign banks; Bank headquarters; Regional Rural Banks;04Types of banks – Savings bank; Commercial bank; Industrial bank; Development bank; Land development bank; Central bank;05Functions of commercial banks – Primary functions; Secondary functions; Agency functions; General utility functions; Social development functions;06Bank – Functional hierarchy; Positional hierarchy; Universal bank; Narrow bank; Islamic bank; Small bank; Payment bank; Banks-taglines; Banks-ranking;07Cooperative banks – Categories;08Types of customers – Individuals; Joint accounts; Minors; Illiterate; Blind; Pardanashin women; Hindu Undivided family; Clubs; Trusts; Charitable Institutions; Associations; Proprietorship firm; Partnership firm; Private and Public Limited companies09Types of deposits – Demand deposits; Savings and Current; Term deposits; Fixed, Recurring and Reinvestment deposits;10Non resident Indians – Persons of Indian origin; Resident Indians; Non resident accounts; Non resident external; Non resident ordinary; FCNR and RFC accounts; EEFC account; Escrow account;11KYC guidelines- Foreign Inward remittances; KYC- Categories of customers; Low risk; Medium risk and High risk;12Negotiable Instruments act 1881 – Negotiable instruments; Non negotiable instruments; Semi negotiable instruments;13Cheques – Parties to a cheque; Types of cheques; Reasons for cheque return; Crossing of cheques; MICR code; IFSC code; Cheque truncation system; Clearing house; RTGS remittance; NEFT remittance14Demand draft – Parties to a demand draft; Issue of duplicate demand draft; Difference between cheque and draft;15Negotiable Instruments - Bill of exchange; Promissory Note; Hundies;16Banker-customer relationships – Mortgage; Hypothecation; Pledge; Assignment; Bailment; Agency;17Currency note issue – Management of currency; Notes in circulation; Coins in circulation;18Electronic banking- Services; Benefits; Types of automated teller machines; Debit card; Credit card; Smart card; Core banking solution; Cheque truncation system;19Rights of customers – Various rights; Risks faced by commercial banks;20Important terms – Cash reserve ratio; Statutory liquidity ratio; Bank rate; Base rate; Marginal standing facility; Repo rate; Reverse repo rate;21Non Banking Finance Companies – Categories;22Insurance – Types of insurance; Life insurance products; Specific principles of insurance; Mutual fund products;23Agriculture – Functions of NABARD; Direct agriculture; Indirect agriculture; Culture and revolution; Types of farmers; Agriculture labourers;2425Categories of loans – Types of securities; Priority sector advances; Weaker section advances; Non Performing assets; Consortium Lending; Syndication credit;26Types of various accounts – Nostro account; Vostro account; Loro account; Suspense account; Call deposit; Margin account; No frill accounts; Senior citizen deposit account; Checking account; Bank trust custodial account; Official settlement account;27Foreign exchange – FERA; FEMA; Authorised persons; Notional rates; Foreign exchange selling and buying rates;28Forex terms – Import and export code; DGFT; Packing credit; Opinion letter; Packing credit; Payment under reserve; Delinking;29Capital market – Primary market; Secondary market; Shares; Debentures; Demat account; Depository; Stock exchanges; IPO; ASBA account; Stock exchanges; SENSEX; NIFTY; Market capitalization; Book value; Above par; Below par; Green shoe option; Red herring prospectus; Float; Outstanding capital; Earnings per share30Financial statements – Balance sheet; Profit and loss account; Categories of capital; Categories of reserves; Gross block; Net block; Intangible assets; Non current assets; Current assets; Current liabilities; Sources and uses of funds; Ratios – Current ratio; Gross profit ratio; Quick ratio; Debt equity ratio; PBDIT; Net worth; Tangible net worth; Sundry debtors; Sundry creditors;31Retail banking- Retail deposits; Retail loans; Retail services;32Wholesale banking – Fund based services; Non fund based services; Value added services; Retail Banking services; Needs of exporters; Needs of importers; Remittance services;3334Reserve Bank of India – The past and present Governors;35Various committees36Money market instruments – Call money; Notice money; Term money; Held till maturity; Yield to maturity; Coupon rate; Treasury operations; Gilt edged securities; Types of treasury bills; Commercial paper; Certificate of deposit; Inter corporate deposits; Ready forward contracts;37Indian Economy – Developing economy; Gross national product; Net national product; National wealth; National income; Gross domestic product; Personal income; Personal disposable income; History of planning; Planning commission; Five year plans; National development council; Planning strategies; Rural poverty; Types of unemployment; Foreign direct investments;38Development programmes – Employment; Rural development; Women empowerment; Education oriented; Public distribution system; Maharatnas; Navaratnas; Types of large scale industries; Foreign direct investment;39Mutual funds: Income funds; Growth funds; Balanced funds; Diversified funds; Infrastructure funds; Index funds; Open ended fund; Closed ended fund; Fixed maturity fund40Tax- Direct tax; Indirect tax; Income tax; Service tax; Sales tax; Value added tax; Customs duty; Central excise duty;Important topics:Account payee crossing;Electronic clearing system;Death claims;Nomination;PIN Number;PAN Number;Natural guardian;Mother of deposits;EEFC account;DRA-Debt recovery agent;DMA – Direct marketing agent;DSA – Direct selling agent;CASA account;Deposit Insurance and Credit Guarantee Corporation;Export Credit Guarantee Corporation;Collateral security & prime security;Guarantee; Financial guarantee;Deferred payment guarantee;Performance guarantee;Bills for collection;Pay in slip; Withdrawal slip;Arbitration; Arbitrate; Arbitrator;Gold loans; Appraisal; Appraiser;Bouncing/Dishonour of the cheque;Book building;Kerb trading; Insider trading;Document of title to goods;Credit rating agencies; SWIFT;Merchant Banking;Mergers and acquisitions;Encryption and decryption;Plastic money; Venture capital;Micro credit;Factoring; Forfeiting; Lease finance;Asset Reconstruction Company;Asset Management Company;Hedging; Underwriting; Subcontracting;Enterprise risk management;Asset Liability management;Relationship management;Breakeven point;Principle of utmost good faith;Principle of indemnity;Principle of subrogation;Principle of insurable interest;Principle of mitigation of loss;Mergers and consolidations;Business correspondent;Money laundering;Garnishee order;Income tax attachment order;Debt recovery tribunal;Balance of trade; Balanced budget;Balance of payments;Inflation and deflation;Special drawing rightsGlobal depository receipts;Indian depository receipts;American depository receipts;External commercial borrowings;Fiscal cliff;On balance sheet items;Off balance sheet items;Basel committee on banking supervision;Basel I and Basel II accord;Tier I and Tier II capital;CAMELS;Sarfaesi act 2002Securitisation;Derivatives; Options; Futures;Special purpose vehicle;Value at risk;Business process outsourcing;Capital account convertibilityMinimum support price;Net asset value;Capital adequacy ratio;LIBOR and MIBOR;One time settlement;Wholesale price index;Consumer price index;Bank working and business hours;LPG and PURA strategies;International development association;Corporate social responsibility;Monopoly and oligopoly;Per capita income;Business facilitator;Corporate governance in banks;Sub prime lending;Financial inclusion;Ways and means advances;Liquidity adjustment policy; Forwards;Negotiated dealing system; Conversion; Material alteration;Liquidators; Receivers;Banking ombudsman scheme;Participatory notes;Book building;Willful defaulters;Lok adalats;Debt recovery tribunals;Rule in clayton’s case;Current account transactions;Capital account transactions;Convertibility;Capital account convertibility;Liberalised remittance scheme;Exchange rate system;Mirror account; Forward contracts;Swaps; Arbitrage;Duty draw back system;External commercial borrowing;Suppliers’ credit;Buyers’ credit;Break even point;Schemes:1-Pradhan mantri Jan Dhan Yojana (World’s largest Financial Inclusion programme)2-Pandit Deen Dayal Upadhyaya Shramev Jayate Karyakram3-Deen Dayal Upadhyaya Antyodaya Yojana4-Mission Housing for all5-Micro Units Development and Refinance Agency Bank (MUDRA Bank)1-My Gov Online Platform2-Digital India3-Make In India4-Deen Dayal Upadhyaya Grameen Kaushal Yojana5-National Policy for Skill Development and Entrepreneurship6-National Sports Talent Search Scheme7-Swachh Vidyalaya Abhiyan8-Padhe Bharat Badhe Bharat9-Pandit Madan Mohan Malviya National Mission on Teachers and Teacher Training10-Rashtriya Avishkar Abhiyan1-Pradhan Mantri Suraksha Bima Yojana2-Pradhan Mantri Jeevan Jyoti Bima Yojana3-Atal Pension YojanaRBI and RBI Related Important Topics for IBPS Po / clerkBanking and Important topics from Banking1Origin of RBI. Who is the current governor. How many members are there in RBI BoardWhat is bank? What are its functions? how is it different from an NBFC/NBFC-factor, Post-office savings, Chit Fund, Nidhi etc?2RBI comparison with SEBI, IRDA : Name of their main bosses, Who controls what? NBFCs, MFI, Gold Loans, ULIP, Mutual funds etc.Types of banks: commercial banks, regional rural banks, cooperative banks, investment banks, development banks etc.3Powers and functions of RBIWhat is a Scheduled commercial bank?4How does RBI control the money supply?IDBI, ICICI, IFCI, SIDBI, EXIM, NHB etc.5Open market operations, MSF, liquidity adjustment facilityBank nationalization, mergers and consolidations.6SLR, CRR, Repo, Reverse repo, bank rateNames of chairman/CMD of big banks.7Priority sector lending: and its subsectors. How do they apply to Domestic bank vs foreign bank?Basic GK related to banks: first commercial bank in India, first bank setup by Indians, origin of SBI/ICICI, subsidiaries of SBI, etc.8Banking regulation act and its recent amendmentImportant Mobile APPS Launched By Various banks9Banking reform, Banking License, Narshiman, BASEL.Types of Bank customers and provisions related to them:Minor-Guardian, partnership firmsHUF and kartaNRI, PIOjoint account holdersMarried Womenpartnership firm accountspublic/private companiestrusts and cooperatives10Nachiket Mor CommitteeTypes of bank accounts and their features:1-current account, savings account2-term deposit account, fixed deposit,3-PPF, senior citizen’s account4-NRE-rupee account, FCNR account, RFC, EEFC, escrow account5-Allied topic: post office savings account and National savings certificate11Foreign exchange management, components of forex reserves, approx. forex under RBI. Powers under FERA/FEMA, Tarapore Committee on capital account convertibilityCheque:1-order/bearer/travel/bankers cheque2-endorsement, cheque-crossing,3-post-dated cheque, what if cheque-date is invalid4-when Bank should not pay, cheque-dishonor (cheque-bouncing)5-MICR, Cheque truncation6- new CTS-system7-Note refund rule, clan note-policy12Measures of money supplyOnline banking:1-NEFT, RGTS, EFTS, Bankwire, E-commerce2-networking among banks: INDONET, BankNET, RBINET, SWIFT, Point of Sale (POS) terminal3-core-banking solutions4-Electronic signature and Information Technology Act13Currency chest, Mint and press. Who signs coins and currency?Loans1-different type of loan products,2-Subprime lending3-mortgage, reverse mortgage, collaterals, stamp duty on loan documentslien, set-off4-Priority sector lending: and its sub sectors. How do they apply to Domestic bank vs Foreign bank?SLR, CRR, Repo, Reverse repo, bank rateBanking Ombudsman: powers functions, appeal structure and Consumer courtsWho appoint RBI Governor And tenure of RBI governor.Bancassurance, cross-selling, universal / narrow / retail bankingMobile Banking, personal banking, tele-banking, corporate bankingATM: PIN, HWAK, White Label ATM, third party ATMRural Banking And important Topics related to Rural Banking For IBPS PORural Banking And Important Topics for IBPS POWhat is Role Of RBI and NABARD in Rural BankingRural infrastructure development fund (RIDF) And Budget 2015 Fund allocationFinancial Inclusion And Schemes launched for financial inclusionregional rural banks, their amalgamationcooperative banks And Functions Of Co operative Banksmicro-finance institutions (MFI)primary agricultural credit SocietyBanking correspondent agentsKisan credit card, interest subvention on crop-loanslead bank scheme, local area banks, service area approachNon Performing Assets , Bad Loans and Other Important Topics for IBPS Preparation.NPA and Bad Loans = Problem for BanksInternational BankingWhat is NPA?Bretton WoodsGross NPA versus net NPAWorld BankAsset classification under NPA (substandard/doubtful/loss)ADR, GDR, IDRCurrent figure of NPA? Which bank has highest NPA?Islamic BankingCapital adequacy norms, hypothecationAsian clearing unionCIBIL and credit ratingbank for International settlementSARFAESI Act and its recent amendmentBASELasset reconstruction companiesWho are the Main boss of IMF, World Bank, ADB?Debt recovery tribunals.IMF: SDR, voting rightsLok Adalats , functions of Lok AdalatsBRICS Bank and Its Member Countries , HQ, President of Brics BankIndustrial sicknessAIIB Bank, HQ , President, Founding Members, IMF and AIIB ComparisionBoard for industrial and financial ReconstructionEuropean Banking AuthorityDisinvestmentTopics to Prepare for IBPS From current Affairs mainly Banking Related.Banking Awareness (Current Affairs)RBI’s monetary policy and key ratesAny committee made by RBI/government for Banking sector. Who is its chairman and what is the purpose?Any new directives to banks by RBI/Finance MinistryPerson in News: Any new appointments in RBI/Big Banks, Any Indian being appointed in foreign banksBanking license, entry of foreign banks.New Product and Mobile apps Launched by various BanksGovernment schemes associated with financial inclusion/pension/insurance: swabhiman, swavalamban etc.AwardsEconomy Theory , Financial Market, Budget And Other important topics from Traditional Syllabus. These topics are important for IBPS PO Exam.Economy Theory -Important topics to PrepareFinance1-Money market vs capital market: functions, who supervises them?2-Commercial bills, Treasury bills, certificate of deposit, commercial paper3-Derivatives, options-futures, currency swaps,4-underwriting, factoring5-debt vs equity: IPO-shares, stocks, debentures, bonds, mutual funds, G-sec6- venture capital, angel investor7- SEBI: functions, who is their main boss?8- Stock Exchange: BSE, NSE, SENSEX, Dollex etc. , Functions, Chairman and Power9- Credit rating: CRISIL, Moody, S&P etc., Different Types of Ratings10- participatory notes , Cheques, Promissory Notes, Negotiable Instruments, Bill of Exchange11 - QFI, FII12 - FDI and its limits in various sectors, FIPB13 - PAN card and DEMAT account14 -External commercial borrowing (ECB), ADR, GDR, IDR15 - RBI Act, Companies Act,Insurance1-Types of insurance2-Nationalization, LIC, GIC etc.3-IRDA: chairman, power-functions4-NPS, EPFO, ESIC, social security5-pension-insurance reforms, FDI6-Bancassurance7- Atal pension yojanaIndian Economy1-NITI AAYog2- five-year plans, main targets of 12 five-year plan.3-14th Finance commission and who is its chairman?4- Inflation: types, impact, various terms associated with inflation WPI, CPI, their new series, who calculates what?5- IIP, industrial licensing, definition of MSME6- Indian Economy growth Forecast , Forex Reserve And Balance of trade7- Economy Survey 2014-15 Highlights8- Industrial PolicyBudget1-Taxation:2- direct vs indirect. taxation powers of union and state3- tax deduction at source4 - tax slabs according to Budget 20155- negative list in service tax6 - PAN Card, E-filling of tax returns7- Types of budgets: surplus, deficit, balanced9- votable vs non-votable items10 -Finance Bill and appropriation Bill11 -cut motions: policy cut, economy cut, token cut12- general budget versus railway budget13- revenue versus capital expenditure14- standing committees of Parliament15- types of deficits, FRBM targets16- fiscal deficit and its impact on economy17- Consolidated fund, contingency fund, public account18 - Budget 2015 and Allocation of Funds for various Schemes and departmentsList of Important schemes And Programmes Launched PM Modi In Last One YearCategory of schemeScheme NamePro Poor1-Pradhan mantri Jan Dhan Yojana (World’s largest Financial Inclusion programme)2-Pandit Deen Dayal Upadhyaya Shramev Jayate Karyakram3-Deen Dayal Upadhyaya Antyodaya Yojana4-Mission Housing for all5-Micro Units Development and Refinance Agency Bank (MUDRA Bank)Pro Youth1-My Gov Online Platform2-Digital India3-Make In India4-Deen Dayal Upadhyaya Grameen Kaushal Yojana5-National Policy for Skill Development and Entrepreneurship6-National Sports Talent Search Scheme7-Swachh Vidyalaya Abhiyan8-Padhe Bharat Badhe Bharat9-Pandit Madan Mohan Malviya National Mission on Teachers and Teacher Training10-Rashtriya Avishkar AbhiyanPro Farmer1-Enhanced Compensation for distressed Farmers due to crop damage2-Deen Dayal Upadhyaya Gram Jyoti Yojana3-Soil Health Card Scheme4-Pradhan Mantri Krishi Sinchai Yojana5-Jan Suraksha Schemes (PMJJBY, PMBSY, APY)6-Rashtriya Gokul MissionPro Women1-Beti Bachao, Beti Padhao Abhiyaan2-Sukanya Samriddhi Account3-Himmat App4-PAHAL-Direct Benefits Transfer for LPG (DBTL) Consumers Scheme5-Swachh Bharat Mission6-Gold Monetisation Scheme7-Pro Senior Citizen1-Pradhan Mantri Suraksha Bima Yojana2-Pradhan Mantri Jeevan Jyoti Bima Yojana3-Atal Pension Yojana4-Pro Development1-The National Institution for Transforming India (NITI AAYOG)2-Make In India3-Digital India4-Smart City Programme5-The National Urban Development Mission6-Deen Dayal Upadhyaya Gram Jyoti Yojana7-Pragati Platform8-Mission Housing for all

What is a big no-no when living in South Africa?Never do the following - Kessie Nair had a public meltdown against the current regime /president of South Africa - Cyril Ramaphosa -You cannot and must never utter a single racial slur, of any kind, in South Africa, neither privately, nor on social media, (nowhere), towards a person or persons of colour … without severe consequences, which will ruin your future and the safety of your entire family … If you are a foreigner to SA, uttering any racial slur will get you ‘necklaced’ or deported …'We are terrified': Adam Catzavelos's 'devastated' family live in fearYet you may use multiple hate speeches daily if you so desire, to incite the genocide of minorities where minorities are white or foreigners (of any colour), in South Africa.South Africa: Julius Malema's most inciting speech yet | "Don't be afraid to go to prison"You may use repeated slurs against a white person in South Africa, without any permanent consequences, but you may never use a slur against a person of colour, which is punishable by law, in which case, you will receive both a prison sentence, as well has a hefty permanently crippling fine, if you utter a slur and get caught doing it …Who is Penny Sparrow? Interesting Facts You Need To Know About HerPenny Sparrow, whose racist post sparked fury, has diedThese are the Durban beaches every Old/New Year's Eve, which Penny Sparrow was complaining about on Facebook … Can you just imagine the litter left behind. Every year black children are drowned and kidnapped on such South African beaches …Another big no-no in South Africa: Please don't slaughter animals on our once pristine beaches as the racist Communists like to do - It's not cool at all and does not sit well with non-Communist South Africans -However … you may sing and utter public hate songs, slogans and speeches against minorities - such as farmers or white folk in South Africa today - Such is encouraged and even orchestrated any day of the week, month, or year, by the SACP /ANC Communist ruling regime and all its sub-political parties like EFF and BLF.You may not slur a single word against militant, corrupt or slothful South African Communists, but you may sing murderous slogans to massive Communist crowds, inciting violence against a tiny farming minority, which, ever since the current SACP /ANC Communist terrorist government orchestrations, has been undergoing a stage six looming genocide -http://www.genocidewatch.org/southafrica.htmlNelson Mandela sings about killing whites -You may not slur, yet you may publicly incite hate, say or do anything illegal in South Africa, including rape, particularly if you are a Communist president of the country of South Africa - In which case(s), you will be permanently protected by your SACP/ANC diplomatic immunity …South African president's rape victim speaks out - She was granted asylum in Holland with her mother:'Why I wish that Zuma was dead' | IOL NewsI Wish Zuma was Dead, says Khwezi [The Star, 2007-07-06]Oh, the hypocrisy of this world and of the once-upon-a-time, jewel of Africa - South Africa - Our once beloved country, which our forefathers turned from a wilderness into a first world country - Oh, sad day to see what she has become due to Communist propaganda against a tiny minority whose voice in defense was too small - and too honest.Non-Communist South Africans are mostly God-fearing and innocent and thus too honest -Which is why they never enter/ed into the propaganda wars - Which is why they also lost the propaganda wars against them - wars which they never entered into - Which adds to the frustrations of the day also …Opinion | South Africa’s Human Rights HypocrisyMs. Momberg was caught on video, which went viral, berating (Communist) South African Police Service officers, "who had stopped to assist her", after thieves broke into her car in Johannesburg.Momberg repeatedly used a highly offensive slur. Momberg accused the police of "not coming to her aid", following the smash-and-grab incident.Her word against the word of multiple Communist police officers - She stands no chance to ever be believed, nor given the chance even to apologise or retract, in such circumstances.Knowing the anti-white climate in South Africa today, never mind multiple anti-white laws, Momberg stood even less chance to defend her position, as indefensible as it may be.No law firm can afford to defend any white South African client in such a situation. Any such law firm building would be burned down to the ground or worse. Her lawyer, after receiving threats, turned her case down. The Communist media blatantly lied and said she fired her pro bono lawyer.For her 2016 rant, Momberg received 3 years imprisonment, with one year suspended and aR100 000 fine.Momberg's sentence is significant for its severity, but not for the act itself. A first offender, convicted of crimen injuria, would ordinarily be sentenced to a fine and a jail sentence, suspended on condition that the offender does not re-offend.Such rulings confirm double standards in South Africa regarding race.Momberg’s racist comments needed to be condemned, but why is the same approach not taken towards Communists who threaten white South Africans daily?This is the first racism case in which the offender will serve time behind bars for words, rather than actions.Prosecution for crimen injuria is selective in SA. Communist sexist and homophobic rants in SA are tolerated by the courts, in which the judges have all been appointed by militant Julius Malema and other Mkonto We Sizwe Communist military veterans, who sit on the Commission, which appoints SA judges, and who were absorbed into the police force and by the current dispensation.It is the first time a South African has received prison time for the offense - her first ever offense.Taking into account her insults and the current anti-white climate in SA, Momberg will absolutely become abused and quite likely tortured to death in prison, by anti-white prisoners, hence Momberg is in hiding.Momberg has maintained that the stress of the smash and grab incident and no assistance from police officers, because she is white, left her life vulnerable and therefore not liable for her racist diatribe - Without neutral witnesses this is arguable."I know what happened that night. I know I was traumatised. I was in a state of hypertension, there was just no control over the situation".Momberg was not accused of a crime, rather accused of lashing out, because of the trauma that she was under. It was a temporary state she says."So much has been said about me being untruthful, which in itself, is an impairment to my dignity". Also, the dignity of the police officer is also important to note.Momberg never denied her actions, adding that she went through a life-threatening situation. She also accused the media of endangering her life by deliberately skewing the truths of the incident.Black hate speech and repeat baby rapists in SA have been known to receive lower prison sentences, less attention and media coverage.Khumalo, who on 4 January 2016, at a time during a looming genocide in the making, against white South Africans, published on the internet hateful utterances against whites.He called on black South Africans to do to white people what “Hitler did to the Jews”. He was unprovoked - Just another Communist racist.The order of the court was that Khumalo “shall within 30 days of the date of this order, publish a written apology, directed at all South Africans, in which he acknowledges that the utterances were hate speech, that he was wrong to utter them, and undertakes never again to utter any remarks prohibited by section 10(1) of the Equality Act”.We can clearly see the disparity in the handing down of sentences.Communist leader, Julius Malema, together with other Mkonto We Sizwe Communist cadres, sits on the Commission which appoints and denies South African judges.Following, was a deliberate attempt to divide the country racially, after SA won the world cup on Nov 2, 2019 ...For Ndlozi, the sight of a team of people from different parts of our society, beating the best in the world as a united team, is bad news.This tweet sought to divide a country -The Economic Freedom Fighters (EFF) spokesperson, Dr Mbuyiseni Ndlozi tweeted after the match:Congratulations to #SiyaKolisi... the rest go get your congratulations from Prince Harry— Mbuyiseni Ndlozi (@MbuyiseniNdlozi) November 2, 2019Prince Harry, is familiar with the volatile politics of South Africa because he has a more enquiring mind, especially after having friends in South Africa.Alana Logan's answer to What should be done internationally about Economic Freedom Fighters (EFF) leader Julius Malema stating he’s “cutting the throat of whiteness” with the ongoing attack and slaughter on white farmers in South Africa?Alana Logan's answer to How many black South Africans share the notion of Julius Malema that white South Africans are only visitors in the country?South Africa's EFF leader Julius Malema says there could be an 'unled revolution in the country'EFF: Malema: "Slaughter white people"EFF: Malema: "Cutting the throats of whiteness"South African Leader Julius Malema: "Go After A White Man... We Are Cutting The Throat Of Whiteness"This monster has never seen the inside of a prison, because as Communist politician, he has diplomatic immunity. Malema is instead, backed and encouraged by the EFF, South African Communist Party and the South African African National Congress.AfriForum civil rights attorneys: "The announcements on Malema follow an ongoing battle between AfriForum and the NPA concerning the NPA’s failure to provide AfriForum with decisions on whether it would prosecute the EFF leader.""By mid-2019, no further progress had been made"."In a media briefing in July 2019, AfriForum said it would approach the court with a mandamus application, to compel the NPA to decide whether it would prosecute Malema in respect of the charges of assault and the negligent use of a firearm"."In April 2018, Malema and EFF spokesperson Mbuyiseni Ndlozi were involved in the alleged assault of a police officer, after he apparently refused the EFF members entry to an event"."However, the NPA has failed to make a decision on whether it will prosecute Malema in respect of the charges of alleged corruption, money laundering and racketeering, related to the On-Point scandal"."AfriForum has confirmed that the unit has served an application compelling the NPA, through the court, to reach a final decision"."Following an investigation into the allegations of corruption, the then Public Protector Thuli Madonsela released a report titled “On the Point of Tenders”, which showed that Malema’s family trust had a vested interest in On-Point. She found the awarding of the tender to be “unlawful, improper and constituted maladministration,” and that Malema had benefited improperly"."Following various delays, Malema was set to face the court in August 2015, but when his co-accused was sick and could not appear, the court — taking into consideration the number of postponements between 2012 and 2015 — struck the matter off the roll".“It’s important to note that the state opposed the fact that the matter was struck off the roll. It intended to proceed with the matter on this day,”…"In March 2018, AfriForum approached the NPA and demanded that the case be reinstated"."This target date was moved to November 2018, but no decision was forthcoming. In February 2019, the NPA indicated that a final decision would be taken in the first term of 2019. The NPA has failed to meet this deadline".“It’s disconcerting that we must resort to approaching the courts to compel the NPA to do nothing other than their job,” said Nel."The court has set July 2020 as the date to oppose the application, but using a court process has cost and delaying implications".“This decision is already long overdue and it creates questions about the NPA’s willingness to act against Malema decisively,” said Nel."Only if the NPA decides not to prosecute, can AfriForum apply for a nolle prosequi certificate, to privately prosecute Malema"SA, being a Commonwealth country, Britain has sent for Julius Malema, ordering him to "cooperate with president Cyril Ramaphosa", (a dishonest lying criminal himself, protected by diplomatic immunity), after which, Malema was returned to South Africa and uncharacteristically went very quiet for a while - An all too short lived while.The NPA has for many years undoubtedly protected EFF's Julius Malema for multiple hate speeches, money laundering and much more -CLOSING IN: Touching the untouchables: AfriForum guns for Moyane, MalemaThe very racists who seem to be out to divide South Africa most, are the Communists, who rant about racism, disadvantaged lifestyles, colonialism, settlers and apartheid etc.Ntokozo Qwabe, hypocritically, after recommendations from professors, got a nice scholarship at Oxford University, where he lead a #RhodesStatueMustFall movement, was rightfully, publicly denounced, for accepting a large sum of money from the Foundation he and fellow beneficiaries were activating against. Yet the shame of his hypocrisy, has totally eluded him. Rhodes was Communist.Who really are the racists, calling non-Communists, "racist", deliberately fulfilling their 'People's War', in South Africa today? -It's the Communists, who are murdering black and white farmers and murdering black refugees in South Africa - That's who these racists really are - South African Communists, whose EFF/SACP/ANC leaders, are the government and government regime affiliates, running the country into the ground, money laundering and even arranging ATM bank heist syndicates.More hypocrisy from the Communists of South Africa: Black on Black xenophobia ...Maverick Citizen: Xenophobia: ‘These are essentially human beings, people like us’Life Before Vs After Apartheid South Africa - YTBlack South Africans are generally xenophobic against blacks from other countries - I REGRET MOVING TO SOUTH AFRICA 🇿🇦Communist Hate speeches:Velaphi Khumalo (Khumalo) http://saflii.org/za/cases/ZAGPJHC/2018/528.htmlF*** White people XIX ISA World Congress of Sociology (July 15-21, 2018)Comments on Facebook Westdene Dam tragedy comments spark outrageAfrikaner bond on hate speech Afrikanerbond concerned over increase in hate speech and racism in South AfricaFacebook ... Communists so aggressive, they are being banned and still can't understand why ... Former employee says Facebook failing black peopleListen to an informed black person please! ...A black South African lady explains how murdering white farmers impacts her familyBlack South African calls out South African media ...Black man tells black South Africans why they should stop murdering white South AfricansAll thanks goes to Alex Newman, the New American correspondent, for making the following video about South Africa, which is probably one of the most accurate summaries of the political history of South Africa.The role of Britain, could have been expanded upon - Margaret Thatcher was the only BritIsh Prime Minister, who did not help to orchestrate the destruction of South Africa, together with forces like Robert Mugabe of Zimbabwe, being the mentors of the SACP/ANC today, and helping to spread propaganda against SA minorities on mainstream media, etcBritain has always been the main country behind the SACP/ANC government orchestrated terrorism of South African minorities.The Soviet Union, once enemy to non-Communist South Africans, has done a complete turn around and today, is backing the SA non-Communists and together with Trump's administration is the driving force to help SA minorities against being murdered in their homes by government orchestrated terrorism.Communist China is fast colonising SA and has been mentoring the ANC Communist government of SA, who have opened up Chinese police stations and added Mandarin to the school educational systems in SA.The USA, under Obama, did much damage to all SA citizens, (and other countries like Ukraine), by backing the SA Communist terrorists ...War on South Africa | Behind the Deep StateNot everyone can legally leave SA unless they can prove ancestorships elsewhere, which they cannot.The white South Africans should be granted his own homeland, but they can't do that, because they will be successful and the Communist SACP/ANC government won't be able to leach/loot off them /their taxes.And like most other large cities or successful white regions in South Africa, Communist civilians flock to such regions to find stability and then suck the life out of the people's in those areas of SA.Today in South Africa, laws are applied to minorities only and not to Communists, who are seldom held to account for incitement to genocide.The old flag is Libertarian and represents a time when everybody, especially black folk (Communist or not), could find employment within one day and it represents a period when education and basic services were impeccable.It represents a period when there were no daily terrorist attacks on farmers or other citizens or visitors to South Africa and when South Africans were not tortured, raped and murdered by Communist indoctrinated terrorists, ("criminals"), in their homes and cars on a daily basis.Since the flag was removed, the murder rate has skyrocketed to around 60 Communist on non-Communist, murders per day, except when PAC/ANC/Mkonto We Sizwe terrorism and Quatro Camp tortures (Black against black) occurred.Arguments that there is no threat of, or looming genocide, against non-Communists (mostly minorities), are in defiance of the findings of Genocide Watch International and the President of Genocide Watch, Dr Gregory Stanton who came to South Africa on fact finding missions.Genocide Watch recognises the ongoing gradual, quater-decade (post old flag), attempts to use "crime" (terrorism), on foreign nationals (blacks from other countries), farmers, Afrikaners, Boers, and on white folk (Communist or not).Whenever South African Communists murder, rape or torture, they go by the direct public incitement to murder, by their Communist leaders.What most folk do not realise, is that the British Crown has, since the new flag, been governing South Africa by proxy, through the South African Communist parties and sub-political parties (SACP/ANC/EFF/BLF/PAC) - For instance, when Julius Malema of the EFF terror party, suddenly went quiet at one small point recently, it was because he was recalled to Britain and ordered by the queen herself, "to cooperate with president Cyril Ramaphosa", who then began to escalate Julius Malema's policies of land expropriation without compensation.Julius Malema is the ANC/EFF mouthpiece. At that point in time, farm murder statistics made a sharp upturn as farmers and anyone living on a farm (Black or white), were losing their lives left, right and center. Daily several farmers would lose their lives.The best way to save South Africa is to eradicate Communism and Socialism first, and then to pull out of the Commonwealth.What most folk do not realise is that Julius Malema is head of the Commission, which appoints the Communist panel which appoints new judges.Only potential judges who are sympathetic to the current Communist regime are appointed as future judges in South Africa, which is why Julius Malema has never been successfully arrested, charged and given a prison sentence for his public incitement to daily mass murder of minorities and which is why Julius Malema has never been arrested for hiring hardened prisoners to murder farmers and anyone who stands in the way of the Communist SACP/ANC EFF/BLF.However anyone who writes books on the actual situation in South Africa, drawing attention to governmental crimes and corruptions, is immediately arrested and is forced to prove their innocence and of course, in South Africa you can get six months in prison for torturing and raping a baby, who dies because of it and three years in prison, plus an unrealistically exorbitant fine for using the k-word in pure frustration over the way South Africa has been hijacked by Communist indoctrinated terrorists and governed into the ground by these Communists.The old South African flag brings nostalgia for the days before Communism ruled, for the days when all, (black, white, Indian, mixed race), could become employed within a day and basic services worked well.South Africa won the conventional border war against the Communist invasion, only to lose the unconventional "People's War", which is designed to "never end", according to it's manifesto.The reason why the unconventional People's War is so successful, is because it functions on misinformation and disinformation about South African history.Websites like SAHO (South African History Online), has Communist CEO's.South Africa now also has her own Facebook representatives who monitor and censor any Facebook pages or groups or posts, which tell the South African story as it actually is.Wikipedia supposedly can be edited by literally anyone, (who follows the Communist narratives) and has been hijacked by an inner Extreme Leftist group of admins, who ultimately decide who gets to edit and write on Wikipaedia, and who does not.