Insurance Awareness - Adjuster

ADJUSTER
        A person who investigates and settles losses for Insurance buyer. he will investigate the claimant and witnesses, police and hospital record and inspecting property damage to determine the extend of the companies Liability.

Capital and Currency - Bangladesh

Bangladesh

Capital : Dhaka

Currency : Taka

President : Abdul Hamid

Prime Minister : Sheikh Hasina

Language : Bengali

Central Bank : Bangladesh Bank

Match Points BSC April

Hello Friends
           The popular Banking Service Chronicle (BSC)  Magazine Match Points by K.Kundan Author at BSC is here. you can download it from the below link.

CLICK HERE to download BSC Match Points April

Capital and Currency - USA

USA (United States of America)

Capital : Washington DC

Currency : US Dollar

President : Barack Obama

Language : English

Central Bank : Federal Reserve

Number of States : 50

World's Biggest Stock Exchange : New York Stock Exchange

Banking Terms - BPS

BPS - Base Points

               It is just an unit equivalent to hundred. It is used to indicate the change in rate of interest and other financial instrument.
                   1 Base Point is equal to 0.01%

 RBI has recently reduced 50 BPS in Maintaining SLR and 25 BPS in LAF.
as a result the SLR now at 21.5%, Repo at 7.75% Reverse repo at 6.75% and MSF at 8.75%.