Banking and Finance

4. something people buy to protect themselves from losing money
5. a document that provides information about an individual's current financial position and presents a summary of income and spending
6. Proof of payment or deposit issued by a bank
7. A event that takes place recently
10. process of converting money into assets like shares and bonds
12. Financial institutions that do not provide traditional banking service
16. Regulatory body of all commercial banks
17. The value of one currency for the purpose of conversion to another
19. Receiving a portion of what you spent in credit purchases
20. an individual's income earned as salary or wages before taxes and other deduction

1. The amount charged by a financial institution for the services they provide in managing the account.
2. There is no need of any guarantee or documents for borrowing a loan
3. Account that is maintained for buying and selling of shares
8. value of the next best alternative that must be forgone as a result of a decision
9. a financial state that occurs if liabilities are greater than assets
11. Government-owned financial institution in India
13. The act passed by the government in 1949 that regulates Indian banking
14. a numerical representation of a person's creditworthiness
15. A place where Buying and exchange of shares takes place
18. money put away for later use, often for emergencies or large purchases