Bank Exams Questions

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Ayodhya Deepostav event organised to mark Diwali celebrations in Ayodya town has entered Guinness Book of World Records in 2018.

The great Sahara Desert created an opportunity for wealth by trading to peoples who live in and around the region. The city of Timbuktu was built as a result of this trade.

Hundreds of years ago, salt was a very valuable commodity. It was valued for its taste as well as its ability to preserve food. One of the most productive areas for producing salt was the Sahara Desert, and the city of Timbuktu was built to capitalize upon this trade.

Airtel Payments Bank is the first payment bank in India. A payments bank is a new category of banks conceptualized by the Reserve Bank of India, which operates at a smaller scale than an actual bank and doesn't involve any credit risk. It can carry out most banking operations but can't advance loans or issue credit cards.

The RBI as of date has given licences to 11 payments bank of which six are currently operational. These include

1. Aditya Birla Payments Bank,
2. Airtel Payments Bank,
3. India Post Payments Bank,
4. Fino Payments Bank,
5. Jio Payments Bank (and)
6. Paytm Payments Bank.