Notes and Study material for Exams
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
The Pension Fund Regulatory and Development Authority (PFRDA): Shaping India’s Retirement Landscape The Pension Fund Regulatory and Development Authority (PFRDA) plays a pivotal role in India’s financial landscape, overseeing the burgeoning National Pension System (NPS). Established in 2003, PFRDA has been instrumental in promoting a culture of retirement planning and ensuring the long-term financial security … Read more
Central and State Government Privileges Section 123 of the Indian Evidence Act Evidence as to affairs of State: No one shall be permitted to give any evidence derived from unpublished official records relating to any affairs of State, except with the permission of the officer at the head of the department concerned, who … Read more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
The Silver Revolution: A Global Shift in Agricultural Practices The term “Silver Revolution” refers to a significant shift in agricultural practices, primarily focused on the increased production and utilization of silver nanoparticles (AgNPs) in various aspects of farming. This revolution, though still in its nascent stages, holds immense potential to revolutionize agriculture, addressing critical challenges … 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
with the rise in Average life expectancy there is a need to provide the senior citizens with social security. Hence government of India came up with PMVVY to provide pension and hence income security. Eligibility A senior citizen above the age of 60 years of age will fall under the scheme. Available … Read more