Foreign instruments: definition under the Negotiable Instruments Act, essential features, differences with inland instruments, practical banking examples, and exam-oriented notes for banking professionals.
Tag: Banking Exam
Inland Instruments: Definition, Features, Examples & Banking Exam Notes
Inland instruments: definition under the Negotiable Instruments Act, key features, differences with foreign instruments, practical examples, and exam pointers for banking professionals.
Payment in Due Course: Definition, Conditions, Effects & Examples
Payment in due course: meaning under the Negotiable Instruments Act, essential conditions, banker’s protection, effects on parties, and practical examples for banking and competitive exams.
PEPs and IPs in Banking: Identification, Risks, and Compliance
Understand the importance of identifying Politically Exposed Persons (PEPs) and Influential Persons (IPs) in banking. Learn their risks and how banks ensure compliance through CDD and EDD.
Top 10 Qualities of a Good Borrower
Learn the essential qualities that make a borrower trustworthy and loan-worthy. Ideal for banking professionals and exam preparation.