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Digital India: Everything you need to know Digital India is a campaign launched by the Government of India to ensure the Government’s services are made available to citizens electronically by improved online infrastructure and by increasing Internet connectivity or by
Payment Banking in India The payment banks are new age banks which give limited services but these are easy to access. These banks have rarely a physical branch. Instead, a payment bank works through the existing vendors, shopkeepers. It has
What are Liquid Funds? Liquid funds are simply debt mutual funds that invest your money in very short-term market instruments such as treasury bills, government securities and call money that hold least amount of risk. These funds can invest in
What are balanced funds? A balanced fund combines a stock component, a bond component and sometimes a money market component in a single portfolio. Generally, these hybrid funds stick to a relatively fixed mix of stocks and bonds that reflects
What are Securities? Securities are traded on the exchange markets. Although the term refers to all types of financial instruments, there are differences in its legal definitions, which mostly consider equities and fixed income as securities. Nevertheless, securities can be
New Changes in National Pension Scheme In the case of government employees, the Cabinet Thursday raised the government’s contribution to National Pension Scheme (NPS) to 14 percent of basic income from 10 percent, sources said. Minimum employee contribution will, however,
Pradhan Mantri Fasal Bima Yojana In April, 2016, the Government of India had launched Pradhan Mantri Fasal Bima Yojana (PMFBY) after rolling back the earlier insurance schemes viz. National Agriculture Insurance Scheme (NAIS), Weather-based Crop Insurance Scheme and Modified National Agricultural
Current Account Deficit The current account deficit is a measurement of a country where the value of the goods and services it imports exceeds the value of the goods and services it exports. The current account includes net income, such as
Market capitalization in India Market capitalization (market cap) is the market value of a publicly traded company’s outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding. As outstanding stock is bought and
Ministry of Finance in India The Ministry of Finance is an important ministry within the Government of India concerned with the economy of India, serving as the Indian Treasury Department. In particular, it concerns itself with taxation, financial legislation, financial
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