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The scheme was launched based upon the following 6 pillars: Universal access to banking services – Branch and Banking Correspondents Basic savings bank accounts with overdraft facility of Rs. 10,000/- to every household. Financial Literacy Program– Promoting savings, use of ATMs, getting ready for credit, availing insurance and pensions, using basic mobile phones for banking. Creation of Credit Guarantee Fund – To provide banks some guarantee against defaults. Insurance – Accident cover up to Rs. 1,00,000 and life cover of Rs. 30,000 on account opened between 15 Aug 2014 to 31 January 2015. Pension Scheme for Unorganized sector.
As per the recently released All India Survey on Higher Education (AISHE) 2020-2021 by the Ministry of Education, total enrolment in higher education ha...
The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi has approved for listing of IREDA - a CPSE under Ministry o...
Consider the following Statements and choose the option with correct Statements.
I- Department of Consumer Affairs and Bureau of Indian Standards...
Prime Minister Narendra Modi has congratulated MP colleagues who will be conferred the Sansad Ratna Awards 2023. These awards are conferred by the Parli...
The Department of Consumer Affairs celebrated World Consumer Rights Day, 2023 on 15th March 2023. Which of the following is the theme for this year’s ...
As per the Guidelines of ‘City Finance Rankings 2022’, which had been launched by Shri Hardeep Singh Puri, Hon’ble Minister Housing and Urban Deve...
The President appoints Chief Election Commissioner and Election Commissioners. They have a fixed tenure of _____ years, or up to the age of __________ y...
______________ has launched a call for startup applications for registration on the MAARG portal, the National Mentorship Platform by Startup India.
