Updated on 24/07/2015 Q.1. What is NEFT? Ans: National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating… Read More »
updated on 29/01/2016 Q.1. What is an Automated Teller Machine (ATM)? Ans 1. Automated Teller Machine is a computerized machine that provides the customers of banks the facility of accessing their account for dispensing cash and to carry out other financial & non-financial transactions without the need to actually visit their bank branch. Q.2. What… Read More »
Protected Disclosures Scheme for Private Sector and Foreign Banks Introduction 1.1 Disclosure of information in the public interest by the employees of an organisation is increasingly gaining acceptance by public bodies for ensuring better governance standards and probity / transparency in the conduct of affairs of public institutions. Large scale corporate frauds had necessitated, internationally,… Read More »
Online Consumer complaint Online Consumer complaint against Banks Deposits and banking Banking Ombudsman – https://www.rbi.org.in/commonman/English/Scripts/AgainstBank.aspx Consumer complaint against Non Banking Financial Companies (NBFC) To Company Law Board To Consumer Forum To Civil Courts Online Consumer complaint in Insurance related matters To insurance Regulatory and Development Authority :http://www.policyholder.gov.in/ Online Consumer complaint against companies mismanagement Annual report , Non receipt… Read More »
What is Intellectual property ? Intellectual property refers to creations of the mind: inventions; literary and artistic works; and symbols, names and images used in commerce. Intellectual property is divided into two categories: Industrial Property includes patents for inventions, trademarks, industrial designs and geographical indications. Copyright covers literary works (such as novels, poems and plays), films,… Read More »