SBI PO MAIN/CLERKS MAIN/IBPS PO MAIN/CLERKS MAIN--RRB PO/ASSISTANT--BANKING AWARENESS -- QUESTION ANSWERS

BANKING AWARENESS QUESTIONS ANSWERS

---1

LINK FOR VIDEO

https://www.youtube.com/watch?v=wuD8HKMJD0k&t=34s

What is ASBA and how it works?

Application supported by blocked amount (ASBA) is a new investor-friendly way to apply for initial public offerings (IPOs). ASBA is an interface for banks to participate in the process of IPO payments as proposed by the capital markets regulator, the Securities and Exchange Board of India (SEBI).

https://rbi.org.in/

CRR	: 4%
SLR	: 18.75%

Policy Repo Rate	: 5.75%
Reverse Repo Rate	: 5.50%
Marginal Standing Facility Rate	: 6.00%
Bank Rate	: 6.00%