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Common Recruitment Process (CRP) for Recruitment of Probationary Officers/ Management Trainees in Participating Organisations- (CRP PO/MT-X)
ByCommonQ Hub November 1, 2020July 26, 2026

IBPS had announced dates for COMMON RECRUITMENT PROCESS FOR RECRUITMENT OF PROBATIONARY OFFICERS/ MANAGEMENT TRAINEES IN PARTICIPATING ORGANISATIONS (CRP PO/MT-X for Vacancies of 2021-22). Earlier last date for application was 26th Aug 2020. But now IBPS announces an additional cycle of Online Preliminary Examinations under CRP- PO/MT-X for the post of Probationary Officer/Management Trainee by…

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Rule 72
ByCommonQ Hub October 18, 2020July 26, 2026

Rule 72 is the useful Formula for finding how quickly amount will get double in value by discounting or by applying interest rate. Dividing 72 by interest rate, we can come to know that in how many year given amount will get doubled. Formula – 72 / Interest Rate Where, Interest Rate – Rate of…

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Rate Summary as per Policy Announcement on 9th Oct 2020
ByCommonQ Hub October 11, 2020July 26, 2026

1. Repo Rate – There is no change. Repo Rate is the fixed interest rate at which the RBI provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment Facility (LAF). Current Repo Rate is 4%. 2. Reverse Repo Rate – There is no change in Reverse…

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Non-Resident External Rupee Account
ByCommonQ Hub October 10, 2020July 26, 2026

-> Permitted Currency – Indian Currency -> Deduction of Tax at Source – Fully Exempted -> Eligible to Open Account 1. National Resident Indian (NRI) and Person of Indian Origin (PIO) 2. Students gone abroad for higher study and continuing to stay there 3. Indians who are on deputation in abroad by Central or State…

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BCSBI (THE BANKING CODES AND STANDARDS BOARD OF INDIA)
ByCommonQ Hub October 4, 2020July 26, 2026

Important Facts About BCSBI – 1. Registered in 2014 as a separate society under Society Registration Act, 1860 2. Registered Office – Mumbai 3. Open to all scheduled commercial banks on voluntary basis 4. Applicable to RRB also 5. Managed by Governing Council consisting of not more than 6 members (3 from RBI , 2…

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