Notes and Study material for Exams
A subsidy is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. Direct Cash Transfer Scheme is a POVERTY reduction measure … Read more
Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding Money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more
Current Account Here is a list of subtopics without any description for Current Account: Current Account Balance Current Account Deficit Current Account Surplus Current Account Transactions Current Account Convertibility Current Account Convertibility in India Current Account Deficit in India Current Account Surplus in India Current Account Transactions in India Current Account Convertibility in the United … Read more
Here is a list of sub topics without any description for Revenue Expenditure: Administration Selling and distribution Research and development Financial charges Depreciation and amortization Provisions Other expenses Revenue expenditure is a type of expense that is incurred in the course of generating revenue. It is not an InvestmentInvestment in assets, but rather a cost … Read more
Here is a list of subtopics without any description for Payment Banks: Account opening and KYC Deposits and withdrawals Transfers Bill payments RemittancesRemittances UPI Net banking Mobile banking ATMs Loans Investments Insurance Other services Payment banks are a new type of bank that was created in India in 2015. They are designed to provide basic … Read more
Types of Bills A bill is a proposed law that is presented to a legislature for consideration. Bills can be introduced by members of the legislature, the executive branch, or the public. Once a bill is introduced, it is assigned to a committee for review. The committee may hold hearings and mark up the bill, … Read more