Invisible Export are like tourism, banking, foreign investments, private transfers, and insurance. So basically, it’s the trading of services dealing with the exchange of currency from one nation to another. 

Under section 80C of Income Tax Act,1991 By opening and investing in the Tax Saver Deposit Account Scheme in a bank, a customer would get benefit under Income Tax  

It is aimed to aid the growth and development of MSME in India.

Bancassurance means selling insurance product through banks. Bank and insurance company come up in a partnership where the bank sells the tied insurance company’s insurance products to its clients.

Zero balance Saving Account – so your monthly average balance requirement is nil

Capital Adequacy Ratio (CAR)is a bank’s ability to absorb losses by calculating the ratio of capital to risk.

A post-dated cheque is a cheque written by the drawer for a date in the future.

It contains an unconditional promise to pay a certain sum to the order of a specifically named person or to bearer

A small financial loan made to poverty-stricken individuals seeking to start their own business.

RBI issues T-Bills for three different maturities: 91 days, 182 days and 364 days. The 91 day T-Bills are issued on weekly auction basis while 182 day T-Bill auction is held on Wednesday preceding Non-reporting Friday and 364 day T-Bill auction on Wednesday preceding the Reporting Friday.