Notes and Study material for Exams
The Securities and Exchange Board of India (SEBI) is the regulator of the securities market in India. It was established in 1992 by the Securities and Exchange Board of India Act, 1992. The SEBI is responsible for protecting the interests of investors, promoting the development of the securities market, and regulating the activities of market … Read more
Financial Arrangements under the National Disaster Management Act, 2005: A Comprehensive Analysis The National Disaster Management Act, 2005 (NDMA) stands as a cornerstone of India’s disaster preparedness and response framework. It aims to build a comprehensive and integrated system for disaster management, encompassing prevention, mitigation, preparedness, response, and recovery. A crucial aspect of this framework … Read more
Pradhan Mantri Vidya Lakshmi Karyakram: Empowering Students to Pursue Higher Education Introduction Access to quality education is a fundamental human right and a cornerstone of societal progress. In India, where a large population aspires to higher education, financial constraints often act as a significant barrier. Recognizing this challenge, the Indian government launched the Pradhan Mantri … Read more
Swabhimaan: Empowering Financial Inclusion in India Introduction Financial inclusion, the ability of individuals and households to access and utilize a range of financial services, is a cornerstone of economic development. In India, a nation with a vast and diverse population, financial inclusion has been a long-standing challenge. The traditional banking system has often failed to … Read more
Pradhan Mantri Vaya Vandana Yojana (PMVVY): A Pension Scheme for Senior Citizens Introduction: India’s rapidly aging population presents a unique set of challenges and opportunities. As the number of senior citizens grows, ensuring their financial security and well-being becomes paramount. Recognizing this need, the Indian government launched the Pradhan Mantri Vaya Vandana Yojana (PMVVY) in … Read more
Varishtha Pension Bima Yojana (VPBY): Securing Your Golden Years The twilight years of life are often envisioned as a time for relaxation, travel, and spending quality time with loved ones. However, the reality can be quite different, especially when financial uncertainties loom large. For many senior citizens, securing a steady stream of income to meet … Read more
National Pension Scheme (NPS): Building Your Retirement Fund The National Pension System (NPS) is a voluntary, defined contribution pension scheme launched in 2004 by the Government of India. It is a retirement savings plan that allows individuals to contribute regularly towards their retirement corpus. The NPS is designed to provide a regular income stream during … Read more
Atal Pension Yojana (APY): Building a Retirement Safety Net for the Informal Sector Introduction India’s informal sector, encompassing a vast majority of the workforce, faces a stark reality: the lack of a secure retirement plan. This segment, comprising street vendors, farmers, construction workers, and countless others, often works in precarious conditions with little or no … Read more
Pradhan Mantri Jan Dhan Yojana (PMJDY): Financial Inclusion for All Introduction The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in August 2014, is a flagship financial inclusion program of the Indian government. Its primary objective is to provide universal access to financial services, including bank accounts, credit, insurance, and pensions, to all citizens, particularly the … Read more
PM Kisan Maan Dhan Yojana (PM-KMY): A Pension Safety Net for India’s Farmers Introduction India’s agricultural sector, the backbone of the nation’s economy, sustains a vast population of farmers who contribute significantly to food security. However, the majority of these farmers face economic vulnerabilities, particularly during their post-retirement years. Recognizing this pressing need, the Indian … Read more