Start learning 50% faster. Sign in now
The scheme provides for a minimum guaranteed fixed pension for the beneficiaries ranging from Rs 1,000 per month to Rs 5,000 per month after attaining the age of 60 years. The scheme is open to all citizens of India who are in the age group of 18-40 years and not limited to only one member of a family, those with a bank account and currently not covered under any other social security benefit scheme. After the death of the subscriber, the same pension amount will be paid to the spouse of the subscriber. On the demise of both subscriber and spouse, the accumulated pension as accumulated till the age 60 years of the subscriber will be returned to the nominee.
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
In India, the primary legal framework for Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) is provided by _________.
What is the role of the Financial Action Task Force (FATF) in the context of global financial regulations?
What are sweat equity shares?
Which portal monitors outstanding dues to MSEs?
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
Which among the following items link the Income Statement and the Balance Sheet
Which of the following is not allowed in small accounts?
What is required for conducting V-CIP (Video-Based Customer Identification Process)?
According to RBI, which of the following is considered an “Officially Valid Document” (OVD) for KYC purposes?