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Smart City Project: Detailed Information at a Glance

Feb 14, 2019
The Smart Cities Mission (SCM) is a holistic city programme to build 100 cities in India. It was launched on June 25, 2015 by the Prime Minister Narendra Modi. The prime objective of this Smart Cities Mission is to promote cities to upgrade infrastructure and provide better basic facilities to the citizens of the country.

List of Centrally Sponsored Scheme and Expenditure on them?

Feb 12, 2019
The schemes run by the Central Government are divided into 3 categories. These categories are ‘Core of core schemes’, Core schemes and major Central Sector Schemes. There are around 6 schemes in the list of ‘Core of core Schemes’ and 28 schemes in the Core Sectors. Core of Core Schemes are fully funded by the Central government.

What is Chit Fund and how does it work?

Feb 7, 2019
Chit fund is defined as per the Section 2(b) of the Chit Fund Act, 1982. According to this act; A chit fund is a type of rotating savings and agreement among different persons i.e. friends, relatives, neighbours and family members to subscribe a certain sum of money for a specified period of time. Chit funds are often microfinance organizations. Chit Funds are also known as the Chitty, Kuree, chit.

What is Cow Cess and which Indian States impose it?

Jan 15, 2019
Some states in the country have decided to levy 'Cow Cess' in order to arrange the fund for care of the stray animals. The tax rate varies from state to state and ranges from 2% to 20%. This tax is mainly levied on luxury goods and services so that it does not affect the poor people. In this article we are publishing the information on the cow cess.

Why is US Dollar considered as most strong Currency of the World?

Dec 20, 2018
In today’s world around 80% world trade take place in dollars. About 39% of the world's loans are given in US dollars and 65% dollar supply is used outside of the United States.  It is surprising to see that most trading countries of the world accept payment in dollar. That's why foreign banks and countries demand dollar for international trade. Let us know through this article that why dollar is known as the strongest currency in the world?

How can you verify your fake GST bill

Dec 14, 2018
The Indian government has decided to implement the Goods and Services Tax (GST) in the entire country from July 1, 2017. So all the restaurants which have registered themselves with the government of India and do not have air conditioner (AC) will have to pay GST at the rate of 12% and those restaurants which have air conditioner in their premises will have to pay GST at the rate of 18%.

Interesting facts about Income Inequality in India in 2018

Oct 22, 2018
In this article we are publishing 15 interesting facts from the Oxfam India Report 2018. This report says that the income disparity is increasing in India very rapidly. On the one hand we had 101 billionaires out of 2,043 dollar billionaires worldwide but on the other hand we had world’s second highest number of people living in extreme poverty, which is defined as living on less than $1.90 a day.

What is the significance of the images on the reverse side of Indian Currencies?

Sep 3, 2018
There will hardly be a country in the world that does not have its own currency. Almost every country puts image of important person/monuments on its currency notes. India is also not behind in this practice. Indian currency note have images of Mahatma Gandhi, the Red Fort, the Sanchi Stupa, farmers, tiger and elephants etc.

What are the main Security Features of the Currency Notes of India?

Jul 16, 2018
An estimation done by the RBI says that the number of the counterfeit notes in the FY 2017 has increased by 20% and the number reached up to 7.62 lac. The maximum numbers of fake notes were in the denomination of 500 and 2000 rupees. To aware the general public we are publishing some security features of the currency notes so that, fake notes can be detected by the general public.

Coinage Act 2011: What you can’t do with Coins in India

Jul 11, 2018
RBI prints the currency notes as per the provisions of the Reserve Bank of India Act, 1934 while the coins in India are minted as per The Coinage Act, 2011. In this article the reader will understand that which rules exist in India regarding the tendering of coins in the country. Interesting to know that the Coinage Act, 2011 is applicable in the whole India including the J & K.

Which are the biggest Banking Scams of India?

Jul 10, 2018
The banking system of any country comprises of the small savings of the people. When a large number of people deposit the money it becomes the huge amount in the hands of the banks. Commercial Banks lends this money to individuals, traders and institutions and earns profits in the form of interest. But when the lenders do not returns this amount to the banks it becomes the threat to the banks.

Do You know Indians were richer than Americans during Akbar’s Regime

Jul 9, 2018
Around the year 1600 AD, India was ruled by the Akbar and in the same year the British had established East India Company in India. According to a report from the University of Groningen, Netherlands, when Indians was ruled by Akbar, India's Per Capita GDP was more than France, Germany, America and Japan.

What is the difference between RuPay Card, VISA Card and MasterCard?

Jul 9, 2018
Have you ever noticed that on the credit or debit card, RuPay card or Visa or MasterCard is written, even if we have taken it from any bank. Why is it so, what is the difference between them, whether RuPay Card can be used internationally or not etc. Let us study through this article.

Which Countries are the largest borrowers from the World Bank in 2017?

Jun 28, 2018
As per the recent data of the World Bank, China is the largest recipient of the loan from the World Bank Group. China took loan of 2420 million dollar followed by the India with 1776 million dollar and Indonesia is on the third position by borrowing 1692 mn dollar in the FY 2017. As per the definition of the World Bank, India is no longer eligible to receive the loan under the IDA arm because it is no more considered as the poor country.

Why “I Promise to pay the bearer sum of 100 Rupees” is written on the Indian Currency?

Jun 26, 2018
The Reserve Bank of India (RBI) has the responsibility of printing currency notes in India. RBI prints the notes of all denomination except 1 rupee note because it is printed by the Ministry of Finance. Except one rupee note every currency note of India has the declaration of the RBI governor; “I Promise to pay the bearer sum of 100 Rupees”. Its simple meaning is; if somebody held a note of 100 rupee then it is the liability of the RBI to pay the bearer goods/gold of 100 rupee at any cost.

What is the Eurozone and what are the conditions for joining it?

Jun 26, 2018
The union of 28 member countries located in Europe is called the European Union (EU). Out of the 28 members of the EU only 19 have accepted the euro (€) as their authorised currency. These countries are collectively known as the Euro zone. The Euro is used as a common currency for all the transactions in the Eurozone without any discrimination. These transactions are related to online/offline shopping, flight ticket booking, purchase of grocery etc.

How many Countries’s currency will change after the death of this person?

Jun 25, 2018
British Queen Elizabeth II has been holding the post since February 6, 1952. As of now the British currency pound has the picture of Queen Elizabeth. Apart from the Britain there are 10 other countries also use the British pound as their currency. As per the British rule, after the death of queen the picture of queen will be removed from the currency. This article is publishing the name of those countries whose currency will change after the death of the queen.

Name of World Bank funded Projects in India

Jun 22, 2018
The World Bank provides loans to its member countries at cheapest rates through International Development Association (IDA). In 2017, India took loan of 1776 million dollars from the World Bank. At present, the World Bank is giving financial assistance to more than 783 projects in India. In this article you will read the name of the World Bank funded projects of India.

Know complete procedure to get loan under the Mudra Yojana

Jun 20, 2018
Narendra Modi ji started the Prime Minister Mudra Yojna (PMMY) on April 8, 2015. The prime motive of this scheme is to promote self-employment opportunities and manufacturing activities in the country. Under the Mudra Yojna a huge loan of Rs.2.46 lakh crore disbursed to 480 million people in the financial year 2017-18. In this article you will read how to get loan from the Mudra Yojna.

The National Health Policy, 2017: Key Targets at a Glance

May 24, 2018
The National Health Policy, 2017 was launched by the Ministry of Health and Family Welfare on 15th March, 2017.Through the help of this policy the government aims shifting focus from “sick-care” to “wellness”, by promoting prevention and well-being of the people.
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