Multinational Bank Slogans/ Punchlines(For IBPS and RBI exams)

Bank Name	Slogan/Punch line
CITI Bank	Let’s get it done
Standard Chartered Bank	Your Right Partner
HSBC Bank	The World’s Local Bank
Royal Bank of Scotland	Make it happen
BNP Paribas	The bank for a changing world
JPMorgan Chase Bank	The right relationship is everything
Deutsche Bank	A passion to perform
Scotia Bank	You’re richer than you think
American Express Bank	Do more
Barclays Bank	Fluent in finance
DBS Bank	Living, Breathing Asia

Key Economy Terms(High frequency)

Some Key Financial Terms for Various Exams

APR: It stands for Annual Percentage Rate. APR is a percentage that is calculated on the basis of the amount financed, the finance charges, and the term of the loan.

ABS: Asset-Backed Securities. It means a type of security that is backed by a pool of bank loans, leases, and other assets.

EPS: Earnings Per Share means the amount of annual earnings available to common stockholders as stated on a per share basis.

Financial Administration: Monetary and fiscal policies; Public borrowings and public debt; Budgets - types and forms; Budgetary process; Financial accountability; Accounts and audit.

FINANCIAL ADMINISTRATION:

 MEANING & IMPORTANCE -

As per the definition given by the USA Census department, Financial Administration involves all the activities of finance and taxation. Includes central agencies for accounting, auditing, and budgeting; the supervision of local government finances; tax administration; collection, custody, and disbursement of funds; administration of employee-retirement systems; debt and investment administration; and the like.
So,in simple words Financial Administration  involves :
- all the functions /operations which aim at making funds and finance available for administrative activities of  the government
--all those activities which ensure the lawful and efficient use of the funds/finance.

Actors in Financial Administration:
And these functions are collectively performed by the Executive(asks for funds),Legislature(that has the sole power to grant those funds),Finance Ministry(controls those funds) and the Auditor(to audit whether the funds were used for what they were demanded).

The steps involved in Financial administration are
1-Preparation of the budget for the ensuing financial year
2-Getting it passed by the legislature
3-Executing the budget and collecting the funds for it
4-Managing those funds via the treasury
5-the audit of the Centre and State executive accounts by the Audit authority.

So one can understand the importance of Financial Administration in its element. A balanced and precise financial administration is the base as well as the means to attain successfully all goals of development as well as growth of a country.

MONETARY POLICY:

Monetary Policy is the process by which monetary authority(an authority that controls all matters relating to money) of a country, generally a central bank controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability,reduce inflation and achieve high economic growth. A sound monetary policy ensures that various sectors of the economy have sufficient tokens/authority to carry out their transactions. It provides the basis to the fiscal policy and the fiscal policy influences the monetary policy and gives it a direction to proceed in.

Monetary policy helps in keeping the money supply and economy of a nation stable whereas the fiscal policy is more involved in development and infrastructural work and policy making and enactment of budget.

Acronym(Jargon) List used by our Prime Minister Narendra Modi

Our honourable Prime minister used a lot of acronyms before and after election. He highlighted the various unnoticed and popular mischiefs and promoting his development agenda. Although he used many for showcasing the development agenda of the government. Jargons also help citizens to connect with the government. Mr Modi dedicated team is working very hard to create new jargons for different schemes.

                             As a civil services aspirant, for us these jargons are very useful in answer writing. I along with my friends remembered them and used it judiciously in the mains examination. I would classify them in different groups, such that it would be easy to remember and use.

International and Bilateral Relation

For Pakistan

     3 AKs - “Admired in Pakistan”:

         AK-47,

         AK Antony

         AK-49 who floated a new party

• For Bhutan

     “B4B - Bharat for Bhutan.”

       (Bharat for Bhutan and Bhutan for Bharat)

• For Bangladesh

      B2B – Bharat to Bangladesh

     He also used B-2- B --- Bullet to Ballot (Jammu and Kashmir election campaign).

• For Nepal

         4Cs : Constitution

                   Connectivity

                   Culture

                   Coopeartion

• Other One

           HIT: Highways,

                     Informationways,

                     Transmissionways.

• For China à INCH to MILES