Notes and Study material for Exams
The National Housing Bank: A Pillar of India’s Housing Finance Landscape The National Housing Bank (NHB), established in 1988, stands as a cornerstone of India’s housing finance system. It plays a pivotal role in facilitating affordable housing, promoting financial inclusion, and driving sustainable urban development. This article delves into the NHB’s multifaceted functions, its impact … Read more
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): Affordable Life Insurance for All Introduction In a nation as vast and diverse as India, where financial security remains a paramount concern for millions, the government has taken significant strides to ensure the well-being of its citizens. One such initiative is the Pradhan Mantri Jeevan Jyoti Bima Yojana … Read more
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a government-backed life insurance scheme launched in 2015, offering financial protection to families upon the unfortunate demise of the insured person. Its key focus is providing affordable and accessible life insurance coverage to India’s vast population. Understanding PMJJBY Eligibility: All bank account holders between the ages of … Read more