Notes and Study material for Exams
The Many Faces of Money: A Journey Through History, Economics, and Society Money, a seemingly simple concept, is a complex and multifaceted phenomenon that has shaped human civilization for millennia. From its humble beginnings as a medium of exchange to its role in global finance, money has evolved alongside human society, reflecting our changing needs, … Read more
Vulture Restaurants: A Feast of Controversy and Culinary Innovation The world of fine dining is a delicate ecosystem, where reputation, innovation, and customer experience are constantly intertwined. In recent years, a new breed of restaurant has emerged, challenging traditional notions of service and cuisine. These establishments, often dubbed “vulture restaurants,” have garnered significant attention, sparking … 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
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