Gold Loan A gold loan is a type of secure loan where gold jewelry or ornaments are pledged as collateral to obtain funds from a lender. Brief overview of Gold Loans (GL): 1. Collateral: Gold jewelry or ornaments are use as collateral for obtaining a GL. The lender evaluates both the quality and quantity of… Read More »
Jan Aushadhi Kendra The Jan Aushadhi Kendra (JAK) program, spearheaded by the government of India, strives to ensure access to high-quality generic medications at economical rates for every individual, with a special focus on catering to the needs of the financially disadvantaged segments of society. Jan Aushadhi Kendra (JAK): Objective: The primary objective of… Read More »
Ayushman Bharat Yojana (ABY / PMJAY) Ayushman Bharat Yojana, also known as the Pradhan Mantri Jan Arogya Yojana (PMJAY), is a flagship healthcare scheme launched by the Government of India in September 2018. Here’s all you need to know about Ayushman Bharat Yojana: 1. Objective: The primary objective of ABY is to provide financial protection… Read More »
Kisan Vikas Patra (KVP) The Kisan Vikas Patra (KVP) serves as a modest savings program provided by the Government of India, with a core focus on encouraging long-term financial resilience among Indian populace, particularly in rural regions. Features of Kisan Vikas Patra (KVP): 1. Purpose: Kisan Vikas Patra was introduced with the aim of… Read More »
Digital Payments/ UPI Digital payments and Unified Payments Interface (UPI) have revolutionized the way transactions are conducted in India, bringing convenience, speed, and security to financial transactions. Overview of digital payments and UPI in India: 1. Digital Payments Landscape: India has witnessed a significant shift towards digital payments in recent years, driven by factors… Read More »
Senior Citizen Schemes In India, various schemes and benefits are available for senior citizens, aimed at providing financial security, healthcare support, and other assistance. Here’s an overview of some key senior citizen schemes in India: Pradhan Mantri Vaya Vandana Yojana (PMVVY): 1. PMVVY is a pension scheme for senior citizens (aged 60 years and above),… Read More »
Recurring Deposit (RD) A recurring deposit (RD) is a type of term deposit offered by banks and financial institutions that allows individuals to save a fixed amount of money regularly over a predetermined period. Features of Recurring Deposits: 1. Regular Savings: RDs are ideal for individuals who want to save a fixed amount of money… Read More »
Rich & Wealthy “Rich” and “wealthy” are often used interchangeably, but they have slightly different connotations: 1. Rich: Being “rich” typically refers to having a high income or substantial assets. A person can become rich through various means, such as a high-paying job, successful business ventures, or inheritance. Being rich usually implies having a significant… Read More »
Time Management Time management is the process of planning and organizing how to divide your time between specific activities effectively to achieve goals. It’s a crucial skill in both personal and professional life, helping individuals make the most of the limited time they have. Famous Quotes on Time Managements: “Time is the scarcest resource… Read More »
Best Health Practices Practicing healthy habits is crucial for overall wellness and preventing ailments. Here are some best health practices: 1. Regular Exercise: Aim for at least 150 minutes of moderate aerobic activity or 75 minutes of vigorous activity per week, along with muscle-strengthening activities on two or more days per week. 2. Balanced Diet:… Read More »