Productive Learning - Official

What is a Credit Card? A credit card is a secured and flexible way that enables the cardholders to pay a merchant for goods and services based on their credit eligibility. Credit card lets the cardholders spend money on credit up to a pre-set credit limit which is fixed by the card issuer, generally a bank or a financial institution.  The bank inspects the credibility of the credit card applicant and grants a line of credit from which the cardholder can borrow money for payment to a merchant for goods and services. Following points will guide you to understand the credit card in a better way. Credit card lets you make purchases on your credit eligibility and repay the amount at a later date.  Banks decide the credit limit and the cardholders cannot spend beyond their predefined credit limit.  Credit limit of the cardholders is assigned based on their income stability, credit history, and job stability.  A credit card is tied to a credit account with a bank, and the c...

In his recent statement, Commerce Secretary Anup Wadhawan said India has recorded a huge growth in the export of cereals, wheat, non-basmati rice, maize, millets, and other coarse grains. The United States, China, UAE, Bangladesh, Vietnam, Saudi Arabia, Nepal, Indonesia, Iran and Malaysia are among the largest markets for India's agricultural products.  India’s export of agricultural and allied products grew by 17.34% to USD 41.25 billion in the fiscal year 2020-21, a top government official said on Thursday. Commenting on the statement, he further added that this growth momentum is expected to be sustained in the current fiscal year as well.  Anup Wadhawan, Commerce Secretary to the Government of India, said huge growth has been witnessed in the export of cereals, millets, non-basmati rice, wheat, maize and other coarse grains. He also cited that exports from several clusters have taken place for the first time, for example, the export of black Rice from Chandauli, and fresh ...