Banking Preparation Interview Set 2

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Hello Readers,

With Banking interviews are now scheduled to take place in coming days we are here with important reading material important for Banking Interview. We will be publishing 11 set of materials in this section. All are very important for banking interview

What is monetary policy?

A Monetary policy is the process by which the government, central bank, of a country controls (i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy.

What is Fiscal Policy?

Fiscal policy is the use of government spending and revenue collection to influence the economy. These policies affect tax rates, interest rates and government spending, in an effort to control the economy. Fiscal policy is an additional method to determine public revenue and public expenditure.

What is Core Banking Solutions?

Core banking is a general term used to describe the services provided by a group of networked branches. Bank customers may access their funds and other simple transactions from any of the member branch offices. It will cut down time, working simultaneously on different issues and increasing efficiency. The platform where communication technology and information technology are merged to suit core needs of banking is known as Core Banking Solutions.