The course “Laws and Practice of General Banking” is an integral part of the JAIBB Examination. It is the most crucial subject because it contains the Laws related to banking and financial activities. It also includes the day-to-day activities and customer services of a bank’s branch. That is why this course is crucial.
Md Monirul Islam
Mandate of the Board of Directors: “The general superintendence and direction of the affairs and business of the Bank shall be entrusted to a Board of Directors which may exercise all the powers and do all acts and things that…
Md Monirul Islam
The main functions of Bangladesh Bank, as per the Bangladesh Bank Order, 1972, are: To formulate and implement monetary policy. To formulate and implement intervention policies in the foreign exchange market. To advise the Government on the interaction of monetary…
Md Monirul Islam
Bangladesh Bank Order 1972 is popularly known as Presidential Order No 127 of 1972. This order was enacted on 7 April 1972. Through this order, Bangladesh Bank was established as the country’s central bank and apex regulatory body for the…
Md Monirul Islam
(a) Treasury Bond Treasury Bonds are Long-term Investment instruments issued by the Government of Bangladesh through Bangladesh Bank. Mostly, the government collects funds through Treasury Bonds to finance development projects or cover annual operating expenses. The essential features of Treasury…
Md Monirul Islam
(a) Financial Literacy Financial literacy means the ability to understand and manage personal financial matters effectively. It includes knowledge of budgeting, saving, investing, banking, and using credit wisely. Financial literacy helps individuals make informed decisions, avoid debt problems, and improve…
Md Monirul Islam
Demand Liabilities Demand Liabilities are Bank Deposits payable on demand. Typical Demand Liabilities of a bank include: Time Liabilities Time Liabilities are Bank Deposits with a fixed maturity and payable after a certain period. Time Liabilities Include: Differences between Demand…