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  • Financial Action Task Force (FATF): Meaning and Objectives

    The Financial Action Task Force (FATF) sets standards and promote effective implementation of legal, regulatory and operational measures to combat money laundering,terror financing, human trafficking.

    Aug 23, 2019
  • Functions of Enforcement Directorate

    The Enforcement Directorate (ED) was established in 1956. ED is responsible for enforcement of the Foreign Exchange Management Act, 1999 (FEMA) and certain provisions under the Prevention of Money Laundering Act (PMLA), 2002. Its Headquarters is situated at New Delhi.

    Aug 22, 2019
  • What is Money Laundering and how is it done?

    Money Laundering refers to converting illegal earned money into legitimate money. The government does not get any tax on the money because there is no accounting of the black money.So Money Laundering is a way to hide the illegally acquired money.

    Aug 22, 2019
  • What is 7th Pay Commission of India?

    The 7th Pay Commission was constituted by the Manmohan Singh government under the chairmanship of Justice A.K. Singh Mathur on 25 September 2013.The recommendations of the 7th Pay Commission were implemented since January 1, 2016. these recommendations will cost around Rs 1 lac cr to the exchequer.

    Aug 1, 2019
  • The Monetary Policy Committee (MPC): Composition and Objectives

    Monetary Policy Committee (MPC) constituted by the Central Government as per the Section 45ZB of the amended RBI Act, 1934. The first meeting of the MPC was held on October 3 and 4, 2016. This committee decides various policy rates like Repo rate, Reverse repo rate, MSF and Liquidity Adjustment Facility etc.

    Aug 1, 2019
  • LIC Policy Holders: How to avoid frauds and save your money?

    It is being observed that some LIC policy holders are getting calls from the fraudster. These fraudsters are calling LIC policy holders to link their Aadhaar number with the policies by sending SMS on a particular number. LIC has clarified that LIC officials never call policyholders or never encourage its policy holders to discontinue their existing policy/policies to get extra benefits.

    Jul 22, 2019
  • Economic Survey 2019: All you need to know!

    In Economic Survey 2019 some key themes are seen shifting like Change from ‘Beti Bachao Beti Padhao’ to ‘BADLAV’, ‘Swachh Bharat’ to ‘Sundar Bharat’. A day before the Union Budget, an economic survey is presented. Basically it is an outlook of developments in the economy. It consists of the most authoritative and updated source of data on India's economy. A lot more to read about Economic Survey, its importance and what is expected this year from economic survey?

    Jul 5, 2019
  • Union Budget of India: Definition and Types

    A Union budget is an estimation of revenue and expenditure of the Central government over a specified period of time and is usually compile present, past and future financial years.

    Jul 3, 2019
  • How to apply for Ayushman Bharat Yojana?

    Ayushman Bharat Yojana become world's largest free healthcare shceme. Ayushman Bharat Yojana provides free treatment upto Rs 5 lacs per year to approx.50 cr poor people of the country. Ayushman Bharat Yojana was launched in Ranchi district of the Jharkhand on 23 September, 2018. This article explains the step by step process of registration under the Ayushman Bharat Yojana.

    Jun 20, 2019
  • What is Ayushman Bharat Yojna?

    Ayushman Bharat Yojana or PMJAY provides free treatment upto Rs 5 lacs per year to approx.50 cr poor people of the country. Ayushman Bharat Yojana was launched in Ranchi (Jharkhand) on 23 September, 2018 by the Prime Minister Narendra Modi.

    Jun 20, 2019
  • Paytm Credit Card: Key Features and Benefits

    Paytm offers facility of online shopping, paying bills, money transfer etc. Recently Paytm launched its much expected Paytm credit card which is also called Paytm First Card. So get to know key features and benefits of the Paytm credit card read this article.

    May 16, 2019
  • How does IMF give loan to its Members?

    The International Reconstruction and Development Bank (IBRD) and The International Monetary Fund (IMF) and were established in July 1944 in the Conference of 44 countries held in Bretton Woods, New Hampshire, USA. India is the founding member of the IMF.

    May 13, 2019
  • What is PAN Card, PAN Number, Uses and Benefits

    What is PAN card? What is the use of a PAN card? Who is eligible for PAN card? What are the benefits of having PAN card? Why having a PAN card is so important? Such type of questions are frequently searched. Let us see about them.

    May 10, 2019
  • What is depicted by 16 digits printed on Debit Card?

    What do the numbers on my debit card mean? How to identify numbers on a debit card? What is card number and what do 16 digits on debit card mean? These are some basic questions that frequently asked. For complete details let us see below.

    May 10, 2019
  • Why is India Constructing Strategic Petroleum Reserves?

    To ensure energy security for the country, India is making strategic petroleum reserves to store crude oil under the ground. These rocky caves are man-made. India has already underground caves of 5.33 MMT storage in three places. These include Visakhapatnam (1.33 MMT), Mangalore (1.5 MMT) and Padur (2.5 MMT).

    Apr 25, 2019