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Explanation: Pradhan Mantri Kisan Maan Dhan Yojana (PMKMY) is being implemented in order to provide a social security net for the Small and Marginal Farmers (SMF) by way of pension. Under this scheme, provision has been made for payment of a minimum fixed pension of Rs. 3,000/- to eligible small and marginal farmers. The Scheme is a voluntary and contributory pension scheme, with an entry age of 18 to 40 years. The eligible beneficiary can opt to become a member of the Scheme by subscribing to a Pension Fund. The beneficiary is required to contribute Rs 100/ - per month at median entry age of 29 years. The Central Government also contributes to the Pension Fund in equal amounts, managed by the Life Insurance Corporation, which is also responsible for pension payout.
Foreign Investors who do not want to be registered with SEBI as Foreign Portfolio Investors but are desirous of making investments in Indian Stock mark...
Henri Fayol, a French industrialist, is now recognized as the Father of Modern Management. In 1916 Fayol wrote a book entitled “Industrial and General...
If H Ltd. Is subject to an effective income tax rate of 40%, the number of units H Ltd. Would have to sell to earn an after-tax profit of 90,000 is:
Which of the following principle applies when Provision for Doubtful Debts is required to be maintained in the books of accounts?
Which committee member was formerly the Chairman of the National Statistical Commission?
The partners’ liability in a partnership is _____
With the objective to better align the guidelines of RBI with the BCBS (BASEL Committee on Banking Supervision) standard and enable banks to manage liqu...
The value of derivative is determined by
Which of the following are the components that are required to be estimated for credit risk quantification?
1. Probability of default
2. E...
A manager is expected to solve problems and handle disturbances in the organisation. It is ____ role of a manager.
