History and Evolution of Banking in India 22 - Financial Terms in English Frequently Asked in Exams

Duration: 23 min

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Inside: a video lesson and guided study material.

Module outline

  1. About Course: About the Course
  2. Section A: General Awareness / सामान्य जागरूकता: Polity / राजव्यवस्था, Scientific Achievements and Research / वैज्ञानिक उपलब्धियाँ और अनुसंधान, Biology / जीव विज्ञान, Chemistry / रसायन विज्ञान, Static General Knowledge / स्थैतिक सामान्य ज्ञान, History / इतिहास, Geography / भूगोल, Indian Economy / भारतीय अर्थव्यवस्था, Current Affairs / समसामयिकी, Evolution of Indian Banking (Banking & Financial Awareness), Environment / पर्यावरण
  3. Section A: General Intelligence & Reasoning ability / सामान्य बुद्धिमत्ता एवं तर्कशक्ति: Series / श्रेणी, Coding-Decoding / कूट लेखन एवं कूट वाचन, Data Sufficiency / आँकड़ों की पर्याप्तता, Non-Verbal Reasoning / अशाब्दिक तर्क, Analytical Reasoning (Counting Figures Reasoning) / विश्लेषणात्मक तर्क (आकृति गणना तर्क), Blood Relations / रक्त संबंध, Syllogisms / न्यायवाक्य, Statement-Based Reasoning / कथन आधारित तार्किक विवेचन, Seating Arrangement and Puzzles / बैठक व्यवस्था एवं पहेलियाँ, Direction and Distance / दिशा एवं दूरी, Mathematical Operations and Missing Numbers / गणितीय संक्रियाएँ एवं लुप्त संख्या, Calendar and Clock / कैलेंडर एवं घड़ी, Clock / घड़ी, Cubes, Dice and Figure Counting / घन, पासा एवं आकृतियों की गिनती, Data Sufficiency and Decision Making / आँकड़ों की पर्याप्तता एवं निर्णय क्षमता, Alphabet and Number Test / वर्णमाला एवं संख्या परीक्षण, Crypt Arithmetic / कूट अंकगणित, Venn Diagrams, Syllogism and Inequalities / वेन आरेख, न्याय वाक्य एवं असमानता, Data Arrangement / आँकड़ों की व्यवस्था, Inequality / असमानता, Analogy and Classification / सादृश्यता एवं वर्गीकरण, Order and Ranking / क्रम एवं रैंकिंग, TCS NQT Advanced Reasoning Ability / TCS NQT उन्नत तर्कशक्ति क्षमता
  4. Section A: Arithmetical & Numerical Ability / अंकगणितीय एवं संख्यात्मक योग्यता: Ratio and Proportion / अनुपात और समानुपात, Divisibility Rules / विभाज्यता के नियम, Data Interpretation / आँकड़ा निर्वचन, Mixture and Alligation / मिश्रण और एलिगेशन, Permutation and Combination / क्रमचय और संचय, Logarithm / लघुगणक, Number System / संख्या पद्धति, HCF and LCM / महत्तम समापवर्तक और लघुत्तम समापवर्त्य, Sequences, Series and Combinatorics / अनुक्रम, श्रेणी और संयोजन, Time, Speed and Distance / समय, चाल और दूरी, Percentage / प्रतिशत, Average / औसत, Profit, Loss and Discount / लाभ, हानि और बट्टा, Simple and Compound Interest / साधारण और चक्रवृद्धि ब्याज, Time and Work / समय और कार्य, Pipe and Cistern / नल और टंकी, Solid Mensuration / घन क्षेत्रमिति, Simplification, Indices and Surds / सरलीकरण, घातांक और करणी, Algebra / बीजगणित, Probability / प्रायिकता, Mental Ability / मानसिक योग्यता, Age Problems / आयु संबंधी प्रश्न, Partnership / साझेदारी, Statistics / सांख्यिकी, Arithmetic / अंकगणित, Speed Mathematics and Basic Mathematics / द्रुत गणित और आधारभूत गणित, Miscellaneous / विविध
  5. Section A: English Language & Comprehension: Vocabulary, Subject Verb Agreement (Verb Noun Agreement), Adjectives, Verbs and Tenses, Reading Comprehension, Parts of Speech, Sentence Construction, Prepositions and Conjunctions, Direct and Indirect Speech, Sentence Completion (Fill in the blanks), Sentence Structure and Common Errors, Modals, Transformation of Sentences, Sentence Correction (Error Correction), Adverb, Conjunction, Cloze Test (Cloze Passage)
  6. Section A: हिंदी भाषा एवं बोध / Hindi Language & Comprehension: भाषा, लिपि और वर्ण, वर्तनी, वर्ण-विन्यास, अनुस्वार, अनुनासिक, चंद्रबिंदु और ‘र’ के रूप, शब्द, पद और शब्द-भेद, संज्ञा और सर्वनाम, पद-भेद और रूप-विकार, लिंग, वचन, पुरुष और कारक, काल, वाच्य, वाक्य और वाक्य-भेद, संधि, समास, विलोम शब्द, पर्यायवाची शब्द, सामान्य अशुद्धियाँ, अनेक शब्दों के लिए एक शब्द, शब्द-भंडार, अपठित बोध, बहुविषयक सामग्री (विभिन्न अवधारणाओं से संबंधित सामग्री), वर्णमाला
  7. Section B: Programming, Data Structures, OOP & Java: C Fundamentals, Control Flow, Functions, Arrays & Pointers, Storage Classes, Structures & Enums, DMA, Macros, Scoping & File Handling, Introduction to DS, Array, Stack, Queue, Linked List, Tree, Graphs, Hashing, Java, OOPS with C++, Language Design, Intro to Compilers, Visual Basics, Syntax Analysis: Bottom-Up, Object Oriented Technology
  8. Section B: Computer Networks, TCP/IP & Network Security: Introduction to CN, Data Communication, DLL: Flow Control, DLL: Access Control, DLL: Error Control, Data Link Layer - Ethernet, Net Layer: IPv4 & Proto, Net Layer: IP Addressing, Transport Layer Services, TL: Congestion & UDP, Application Layer, Hardware basics, Network Access Technologies, Network Security, Society, Law & Ethics, Mobile Computing, Net Layer:Routing Protocol, Cyber Safety and Security
  9. Section B: Teaching Methodology / शिक्षण पद्धति: Growth and Development / वृद्धि और विकास, Concept of Pedagogy / शिक्षाशास्त्र की संकल्पना, Theories of Development / विकास के सिद्धांत, Inclusive Education / समावेशी शिक्षा, Experiential Pedagogy / अनुभवात्मक शिक्षाशास्त्र, Assessment and Evaluation / आकलन और मूल्यांकन, Socialisation and Gender / समाजीकरण और जेंडर, National Education Policy (NEP) 2020 / राष्ट्रीय शिक्षा नीति (NEP) 2020, Cognitive Processes / संज्ञानात्मक प्रक्रियाएँ, Teaching Planning and Teaching Skills / शिक्षण योजना और शिक्षण कौशल, Personality Development / व्यक्तित्व विकास, Teaching Methods / शिक्षण विधियाँ, Learning and Behavioural Theories / अधिगम और व्यवहारवादी सिद्धांत, Learners & Learning Process / अधिगमकर्ता और अधिगम प्रक्रिया, Factors Affecting Teaching / शिक्षण को प्रभावित करने वाले कारक, Teaching Methods and Approaches / शिक्षण विधियाँ एवं उपागम, Teaching-Learning Process and Classroom Management / शिक्षण-अधिगम प्रक्रिया एवं कक्षा प्रबंधन, Teaching Aids and Educational Technology / शिक्षण सहायक सामग्री एवं शैक्षिक तकनीकी, Microteaching and Classroom Communication / सूक्ष्म शिक्षण एवं कक्षा संप्रेषण, Assessment and Evaluation / आकलन एवं मूल्यांकन, Curriculum, Arts and Co-curricular Areas / पाठ्यचर्या, कला एवं सह-शैक्षिक क्षेत्र, Education of Children with Disabilities / दिव्यांग बच्चों की शिक्षा, Teacher: Qualities, Professional Ethics and Development / शिक्षक: गुण, व्यावसायिक नैतिकता एवं विकास
  10. Section B: Digital Electronics / Boolean Logic: Digital Systems & Boolean Basics, Logic Gates & Hardware, Boolean Expression, Boolean Minimization, Combinational Circuit, Sequential Circuits, Number System, Number Representation, Analog-Digital Conversion
  11. Section B: Operating Systems & Linux: Introduction to OS, Process Management, CPU Scheduling, Process Synchronization, Threads & Process Creation, Deadlock, Memory Management, Virtual Memory, File Management, Disc Scheduling, Unix OS, Linux OS, Distributed Systems, Windows OS
  12. Section B: Data Base Management System: Basics of DBMS, ER Diagram, Relational Model & Functional Dependencies, Keys & Integrity Constraints, Normalization (1NF - BCNF), Decomposition Properties & 4NF, Relational Algebra, SQL, File Organization & Indexing, Transaction Management, Concurrency Control, Database Security & Authorization, Database Recovery, Data Warehousing & Mining
  13. Section B: Internet & Web Technologies: Website, Browser & Services, Internet Fundamentals, Web Design & Development, Protocols & Services, Web Publishing & Hosting, Server Side & Security, HTML Basics, CSS, Emerging Technologies, JavaScript-Basics, .Net Programming, Electronic Data Interchange and E-Commerce, XML
  14. Section B: Computer Fundamentals, IT Basics & Architecture: Basics of COA, Cache Memory Organization, Input Output Organisation, Register Transfer and Microoperations, Control Unit Design, Programming the Basic Computer, Terms & Abbreviations, MS Office Applications, Instr Formats & Modes, Floating Point Rep, Computer Fundamentals, Cyber Safety and Security, Computer Software, Operating System, Word Processing (MS Word), Computer Networks, Presentation Software (MS PowerPoint)
  15. Section B: Python Language: Introduction to Python, Tokens, Variables, Data Types, I/O, Operators & Expressions, Control Flow & Looping, Collections & Strings, Functions & Modules, File Handling & Data Analysis
  16. Section B: Software Engineering: Fundamentals of Software Engineering, Software Requirements and Quality Assurance, Software Design, Estimation and Metrics, Software Testing, Software Maintenance and Configuration Management, extras, Fundamentals of Systems and Information Systems
  17. Section B: Design & Analysis of Algorithms: Algorithm Analysis, Time Complexity Analysis, Sorting Algorithms, Greedy Algorithms, Dynamic Programming, Minimum Spanning Trees, Shortest Path Algos, Advanced Algorithms
  18. Section B: Mathematics / गणित: Linear Algebra / रैखिक बीजगणित, Calculus / कलन, Trigonometry / त्रिकोणमिति, Vectors / सदिश, Set Theory, Functions, Relations, Propositional and Predicate Logic, Research Process Steps / शोध प्रक्रिया के चरण, Graph Theory, Sets, Relations, Functions and Discrete Mathematics / समुच्चय, संबंध, फलन और विविक्त गणित, Number Systems and Number Theory / संख्या पद्धति और संख्या सिद्धांत, Euclidean Geometry and Mensuration / यूक्लिडीय ज्यामिति और क्षेत्रमिति, Statistics and Probability / सांख्यिकी और प्रायिकता, Coordinate Geometry, Vectors and 3D Geometry / निर्देशांक ज्यामिति, सदिश और त्रिविमीय ज्यामिति, Polynomials, Equations and Complex Numbers / बहुपद, समीकरण और सम्मिश्र संख्याएँ, Plane Mensuration / समतल क्षेत्रमिति, Sampling / प्रतिचयन
  19. Section B: Computer Graphics, Multimedia & Mobile Computing: Basics of Computer Graphics, 2-D Geometrical Transforms and Viewing, 3-D Object Representation, Geometric Transformations and Viewing, Multimedia
  20. Section B: Emerging Trends: Emerging Tech Trends, Knowledge Representation, Natural Language Processing, Trade, Marketing and Consumer Protection / व्यापार, विपणन एवं उपभोक्ता संरक्षण
  21. DSSSB Previous Year Paper:
  22. Business Studies and Management / व्यवसाय अध्ययन एवं प्रबंधन: Business Communication / व्यावसायिक संचार, Principles and Functions of Management / प्रबंध के सिद्धांत एवं कार्य, Accounting Fundamentals and Recording of Transactions / लेखांकन के आधार एवं लेन-देनों का अभिलेखन, Business Economics / व्यावसायिक अर्थशास्त्र, Depreciation, Final Accounts and Computerised Accounting / ह्रास, अंतिम खाते व कंप्यूटरीकृत लेखांकन, Knowledge Management & New Economy / ज्ञान प्रबंधन और नई अर्थव्यवस्था
AI summary & chapters

AI Summary

An AI-generated summary of this video lecture.

This educational video provides a comprehensive overview of key concepts in Indian governance and finance, structured as a series of lecture slides. The first section, titled 'Cabinet Ministers, Governors, Chief Ministers,' explains the historical origins of India's parliamentary system, which was inherited from the British Raj. It details the roles of the Prime Minister (head of government), the President (head of state), and the Chief Minister (head of state government), emphasizing that real power rests with the Prime Minister. The second section, 'Major Indian Committees/Commissions,' outlines the function of expert committees in shaping reforms since independence, listing prominent examples such as the Narasimham Committee for banking reforms and the Kothari Commission for education. The third section, 'Financial Terms,' traces the origin of financial jargon in 17th-18th century Europe and defines common terms like Liquidity, Fiscal Deficit, and Capital Adequacy Ratio (CAR), noting their relevance in exams. The fourth section, 'Terminology of Recent Union Budget,' covers budgetary terms introduced since India's first budget in 1947, including Fiscal Deficit, Capital Expenditure, and Direct Benefit Transfer (DBT). The final section, 'Financial Abbreviations, Banking Full Forms,' provides a list of essential banking abbreviations and their full forms, such as CRR, SLR, and NEFT, and includes examples of common exam questions on these topics. The video uses a consistent visual format with text, diagrams, and a presenter in the corner, and the instructor's handwritten annotations on the slides highlight key points for revision.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video begins with a slide titled 'Cabinet Ministers, Governors, Chief Ministers.' It explains that India's cabinet system was introduced from the British parliamentary system. The 'Brief History' section states that the Governor system was originally appointed during the British Raj and that Chief Ministers became powerful after independence. The 'Important Facts' section defines the Prime Minister as the head of government, the Governor as the President's representative in a state, and the Chief Minister as the head of the state government. The slide also notes that India follows a parliamentary democracy, where the President is the head of state, but real power rests with the Prime Minister and Cabinet Ministers. The text further clarifies that states have Governors (appointed by the President) and Chief Ministers (elected by the people). A collage of Indian political figures is visible at the bottom of the slide.

  2. 2:00 – 5:00 02:00-05:00

    The video transitions to a new slide titled 'Major Indian Committees/Commissions.' The 'Brief History' section states that committees have shaped reforms in banking, finance, education, and governance since independence. The 'Present/Recent Updates' section notes that recent committees focus on data privacy, digital economy, and banking governance. The 'Important Facts' section lists several key committees and their areas of focus: the Narasimham Committee for banking reforms, the Kothari Commission for education reforms, the Shah Commission for emergency period inquiry, the Nachiket Mor Committee for financial inclusion, and the Justice Srikrishna Committee for data protection. The slide also defines committees as groups of experts appointed to study problems and suggest solutions. A black and white image of the Indian Parliament building is shown at the bottom.

  3. 5:00 – 10:00 05:00-10:00

    The video moves to a slide titled 'Financial Terms.' The 'Brief History' section explains that many financial terms originated in Europe during the 17th-18th century with the growth of trade and stock exchanges and have since become global standards in Indian banking and exams. The 'Present/Recent Updates' section notes that new terms appear with digital banking (e.g., CBDC, FinTech, BNPL). The 'Common Financial Terms' section defines several key terms: Liquidity (how quickly money/assets can be converted to cash), Fiscal Deficit (government spending > revenue), Monetary Policy (RBI's policy to control money supply), Capital Adequacy Ratio (CAR) (RBI's bank capital strength), Repo Rate (rate at which RBI lends to banks), Reverse Repo Rate (rate at which RBI borrows from banks), NPA (Non-Performing Asset), CRR (Cash Reserve Ratio), and SLR (Statutory Liquidity Ratio). The slide also defines Inflation (rise in prices) and Stagflation (inflation + unemployment). A graphic of a clipboard with a pen and a 'FAQ' speech bubble are visible.

  4. 10:00 – 15:00 10:00-15:00

    The video presents a slide titled 'Terminology of Recent Union Budget.' The 'Brief History' section states that India's first budget was in 1947 and that budget terminology has evolved with economic reforms. It provides examples of modern terms like 'Disinvestment,' 'Fiscal Responsibility,' 'GST,' and 'Direct Benefit Transfer (DBT).' The 'Present/Recent Updates' section notes that recent budgets use terms like Green Bonds, Sovereign Gold Bonds, Digital Rupee, Capital Expenditure, and Fiscal Deficit target. The 'Important Facts' section defines key budgetary terms: Fiscal Deficit (Govt expenditure > revenue), Revenue Deficit (Govt spending more than income in revenue account), Capital Expenditure (Money spent on assets like roads, bridges), Revenue Expenditure (Day-to-day expenses like salaries, subsidies), Disinvestment Expenditure (Selling govt's stake in PSUs), Subsidy (Govt support to reduce cost), and DBT (Direct transfer of subsidy into bank accounts). A 'BUDGET LIST' with items like Grocery, House Loan, and Medicines is shown on the left.

  5. 15:00 – 20:00 15:00-20:00

    The video transitions to a slide titled 'Financial Abbreviations, Banking Full Forms.' The 'Important Facts' section lists numerous banking abbreviations and their full forms, including CRR (Cash Reserve Ratio), SLR (Statutory Liquidity Ratio), NPA (Non-Performing Asset), IMPS (Immediate Payment Service), NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), UPI (Unified Payments Interface), CBD (Central Bank Digital Currency), IFSC (Indian Financial System Code), FEMA (Foreign Exchange Management Act), MSME (Micro, Small and Medium Enterprises), KYC (Know Your Customer), and IPO (Initial Public Offering). A graphic of a bank building is shown on the left. The slide also notes that exams often ask for full forms of abbreviations used in finance and banking.

  6. 20:00 – 22:42 20:00-22:42

    The final slide is titled 'Examples of Questions.' It presents a list of common exam questions and their answers, such as 'Q: SENSEX is based on how many companies?' with the answer 'Ans: 30.' Other examples include 'Q: NIFTY 50 belongs to which stock exchange?' (Ans: NSE), 'Q: IMF full form?' (Ans: International Monetary Fund), and 'Q: World Bank consists of which two bodies?' (Ans: IBRD + IDA). The slide also includes questions about the Repo Rate, Monetary Policy Committee, year of first bank nationalisation (1969), current deposit insurance cover (₹5 lakh per depositor), headquarters of SEBI (Mumbai), and headquarters of IRDAI (Hyderabad). The last question is 'Q: First Indian bank to launch UPI?' with the answer 'Ans: Yes Bank (2016).' A cartoon of a man holding a document is on the left.

The video provides a structured and comprehensive review of essential topics for competitive exams in India, progressing from the foundational structure of government to specific financial and banking terminology. It begins by establishing the framework of India's parliamentary democracy, clarifying the roles of key political figures like the Prime Minister and Chief Minister. It then broadens the scope to the mechanisms of reform, highlighting the importance of expert committees. The core of the lesson is a deep dive into financial concepts, starting with the historical context of financial terms and moving to a detailed list of definitions for terms like Liquidity and Fiscal Deficit. This is followed by a focused section on the language of the Union Budget, explaining key fiscal terms. The video concludes with a practical application, presenting a list of common exam questions and their answers, which reinforces the learning of abbreviations and key facts. The consistent use of clear slides, definitions, and examples creates a logical flow from theory to practical application, making it an effective study resource.

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