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  • 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.

    3 days ago
  • What is 7th Pay Commission of India?

    Former Prime Minister Manmohan Singh had approved the composition of the 7th Pay Commission under the chairmanship of the Justice A.K. Singh Mathur on 25 September 2013. The recommendations of the Seventh Pay Commission were accepted by the government on the June 29, 2016 which were further implemented since January 1, 2016.

    May 13, 2019
  • International Monetary Fund (IMF): Objectives & Obligations

    The International Monetary Fund (IMF) is the inter-governmental organisation established to stabilize the exchange rate in the international trade. It helps the member countries to improve their Balance of Payment (BOP) condition thorough the adequate liquidity in the international market, promote the growth of global monetary cooperation, secure financial stability, facilitate international trade. It is one of the Bretton woods twins, which came into existence in 1945, is governed by and accountable to the 189 countries that make up its near-global membership.

    May 13, 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
  • How to apply for Ayushman Bharat Yojana?

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

    May 10, 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 Ayushman Bharat Yojna?

    Prime Minister Narendra Modi launched the ambitious Ayushman Bharat Yojna on 23 September 2018 to provide free treatment to the poor people of the country. Ayushman Bharat Yojna will offer benefit cover of Rs. 5 lac per family per year (approx. 50 crore beneficiaries). The beggars, garbage collectors, domestic help workers, Rehdi owners and cobblers etc. are eligible to get the benefits of this yojna.

    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 do we use Pig to show Piggy Bank?

    The origin of the Piggy Bank is found during the 15th century when the housewives used to make home utensils with the help of cheap clay called “Piggy”. Since then the concept of piggy came into light but it get popularised in the 19th century when the Pitcher men made piggy banks with the help of this clay in the shape of Pig.

    May 6, 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
  • What are the main functions of Reserve Bank of India

    Reserve Bank of India (RBI) is the supreme monetary authority of India. This organization is responsible for printing of currency notes and managing the supply of money in the Indian economy. RBI works as a custodian of foreign reserve, banker’s bank, banker to the government of India and controller of credit.

    Apr 22, 2019
  • Anti Poverty & Employment Generation Programmes in India

    As per the estimation by the Tendulkar Committee the number of Below Poverty Line (BPL) declined to 21.9% of the population in 2011-12 from 29.8% in 2009-10 and 37.2% in 2004-05.

    Apr 19, 2019
  • Universal Basic Income (UBI): Definition, Features, Advantage and Disadvantages

    Universal Basic Income (UBI) is a model for providing a sum of money to all citizens of a country or other geographic area with a given sum of money, regardless of their income, employment status. The purpose of the UBI is to prevent or reduce poverty and increase equality among citizens.

    Apr 15, 2019
  • How to link your Aadhar Card with PAN Card?

    In order to ensure transparency in the economic system the Government of India has made it mandatory to link the Aadhar card with the PAN Card. The last date for linking Aadhaar Card with PAN has been extended from 31st March 2019 to 30th September 2019. Here, we have given the step by step process to link the Aadhar card with the PAN Card.

    Apr 12, 2019
  • What is the Meaning and Purposes of Deficit Financing?

    When the revenue of the government is shorter than its expenditure then this situation is dealt by printing more currency, buying from public and foreign institution. This temporary arrangement of the money is known as the deficit financing.

    Apr 9, 2019