27
Aug
2015

IMPORTANT BANKING AWARENESS QUESTIONS

1. MICR code consists of how many digits? 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: 2 lakhs (there is no upper limit in RTGS) 3. What is full form of CTS? Ans: Cheque Truncation System…

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27
Aug
2015

TAXES & IMPLICATIONS

LIKE A BLACK BEE PROTECTS FLOWERS AND TAKES A SMALL AMOUNT OF NECTAR IN RETURN. IN THE SAME MANNER A KING MUST PROTECT HIS SUBJECT WITHOUT LEVYING EXCESSIVE TAXES.  -  Vidur Niti The centuries succeeded show distinct effects of this maxim on the way a kingdom is managed and other facets of economic administration.  According to Chanakya, who is considered…

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