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India has been an attractive investment destination because of its sound Economy. Another factor is the performance of the Mutual Fund industry and Indian Stock Markets. There are various investment opportunities available for Indian residents as well as NRIs seeking to invest in the Indian Capital Market. The invention of the internet and information technology, globalization and international cooperation with free trade practices, high-level education & training facilities, and currency management has changed the scenario of Wealth Management. It is a high-level professional service that combines investment and financial advice and is designed to utilize, grow, protect, and disseminate one’s wealth. Following are the key investment areas of Wealth Management in the Indian Capital Market as well as the Indian Money Market. Types of Investment Plans in India include the following: Direct Equity - It is probably the most potent investment vehicle to buy partial ownership of a compa...

India, being one of the fastest-growing economies, offers a wide range of investment opportunities to Non-Resident Indians (NRIs). Investing is an essential component to achieve your financial goals and make the future bright. India is a tax haven as it offers a diversified range of assets for investments thereby helping NRIs avail tax benefits on their equity investment.  the first step in planning your wealth management... Figuring out the right investment that fits your profile and requirements should be the first step in planning your wealth management. When you have numerous investment options, you should invest in only those options that serve your requirements and fall under your risk tolerance. Points to be Considered before Investment in India  You should choose investments plans carefully after doing a comprehensive analysis You should be aware of the boasting schemes that assure high returns in a short period You must review your mutual fund and stock investments pe...

The Indian Armed Forces consist of three wings namely, the Indian Army, the Indian Air Force, and the Indian Navy. The candidates who wish to join the Indian Armed Forces as officers are given two choices to opt for the service, one is Permanent Commission (PC) and the other is Short Service Commission (SSC). To help you understand the differences between these two service options clearly, we have come up with an elaborated article to clear your doubts. Image Courtesy: The Economic Times Permanent Commission (PC ) A Permanent Commission means a career in the Armed Forces till you retire. In other words, a Permanent Commission in the Armed Forces means a career opportunity to serve the Nation as an Officer from the very early date of joining till the age of your retirement. Short Service Commission (SSC)  A Short Service Commission means a career opportunity in the Armed Forces for a short period of time, i.e., for an initial period of 10 years which can be extended up ...

Before we start discussing in detail about the Nationalization of Banks, let’s understand the exact meaning of the term “Nationalization.” So, Nationalization is a process of transferring the ownership from private individuals to the Government authorities. Similarly, in the case of the Nationalization of Banks in India which lasted in two phases, the ownership, regulation, and control of the banks were transferred in the hands of the Government from private authorities.  The Nationalization of Banks was a step to end the private monopoly and channelize the Indian Banking System as per the laws and regulations of the Reserve Bank of India.  Image Courtesy: The Economic Times The Nationalization of Banks was first enacted during the tenure of the then Prime Minister of India, Smt. Indira Gandhi. Before the process of Nationalization was initiated, notwithstanding the provisions and regulations of the Reserve Bank of India, all the banks in India except the State Bank of India ...

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 ...

Let's see what kind of questions are asked from different subjects in competitive examinations. In this article we have covered various topics out of which questions are more likely to be asked in competitive exams. From important topics like History, Geography, Indian Polity, Indian Economy, Physics, Chemistry, Biology and Current Affairs, we have prepared a series of 16 questions, choosing two questions from each subject.  With the help of these questions, you will be able to know how to study various subjects to prepare for competitive exams and at the same time you can develop your understanding towards the preparation of the most asked questions in the exam. History - 2 Q. 1: - Who was the first and only Indian Governor General of independent India?       (A) Dadabhai Naoroji        (B) Chakravarti Rajagopalachari        (C) Bhimrao Ambedkar        (D) Lord Mountbatten          ...

On 26 January, 1950, the Constitution of India came into force and with the abolishment of the title of Governor-General, Dr. Rajendra Prasad took the oath as the first President of Independent India.  भारतीय संविधान को बनने में 2 साल, 11 महीना, 17 दिन क्यों लगा? 6 December 1946:  Formation of the Constitution Assembly  9 December 1946:   First meeting was held in the Constitution Hall (Central Hall of Parliament House)  Appointment of Sachchidananda Sinha as temporary President  11 December 1946:  Appointment of Rajendra Prasad as President  13 December 1946:  Presentation of 'Objective Resolution' by Jawaharlal Nehru that later became the Preamble of the Constitution  22 January 1947:  Adoption of the 'Objective Resolution'  22 July 1947:  Adoption of the National Flag 15 August 1947:  Achievement of Indian Independence from British Rule 29 August 1947:  Appointment of B. R. Ambedkar as the Chairman of the Draf...

The Comptroller and Auditor-General of India is a constitutional authority who does auditing of the accounts of the Government of India, State Governments, and Public Sector Undertakings (PSUs) and submits the audited reports to the respective officials.  Article 148 - About the Comptroller and Auditor-General of India Article 149 - Duties and powers of the Comptroller and Auditor-General Article 150 - Form of Accounts of the Union and of the States Article 151 - Audit Reports   Click Here to Watch Complete Video Explanation on the Comptroller and Auditor General of India The Comptroller and Auditor General of India -   CAG is a Constitutional Authority Appointed by the President of India Removal Process - Same as Judge of the Supreme Court Tenure - 6 years or up to 65 years of age (whichever is earlier) Office Administrative Expenses - charged upon the Consolidated Fund of India Salary & Service Conditions - The Comptroller and Auditor General's (Duties, Powers ...

The Attorney-General for India  Article 76 of the Constitution of India defines the Attorney-General as the chief legal officer of the country representing the central government in case of every relevant legal affairs.  Article 76 of the Indian Constitution        Chief Legal Officer of the Country                    Appointed by the President  The Attorney-General for India is a constitutional post Qualification - Equivalent to the Judge of the Supreme Court Advising the Government of India upon legal matters  Ranks 11th in the Indian Order of Precedence Hold office during the pleasure of the President  Click the Below Text to Watch Detailed Video Explanation on Attorney-General, Solicitor General, Additional Solicitor-General, and Advocate-General The Solicitor General of India Subordinate to the Attorney General for India Second Chief Law Officer of the country  Assists the Attorney G...

इससे पहले कि हम बैंकों के राष्ट्रीयकरण के बारे में विस्तार से चर्चा शुरू करें, आइए “राष्ट्रीयकरण” शब्द के सही अर्थ को समझें। राष्ट्रीयकरण निजी व्यक्तियों या क्षेत्रों से सरकारी क्षेत्रों को स्वामित्व हस्तांतरित करने की एक प्रक्रिया है। इसी तरह, भारत में बैंकों के राष्ट्रीयकरण के मामले में, जो दो चरणों में चला, बैंकों के स्वामित्व, विनियमन और नियंत्रण को निजी अधिकारियों से सरकार के हाथों में स्थानांतरित कर दिया गया। बैंकों का राष्ट्रीयकरण निजी एकाधिकार को समाप्त करने और भारतीय रिजर्व बैंक के कानूनों और विनियमों के अनुसार भारतीय बैंकिंग प्रणाली को चैनलाइज करने का एक कदम था। भारत की तत्कालीन प्रधानमंत्री श्रीमती इंदिरा गांधी के कार्यकाल में बैंकों का राष्ट्रीयकरण पहली बार किया गया था। राष्ट्रीयकरण की प्रक्रिया शुरू होने से पहले, भारतीय रिज़र्व बैंक, भारतीय स्टेट बैंक (SBI) को छोड़कर भारत के सभी बैंकों के प्रावधानों और विनियमों को निजी व्यक्तियों द्वारा स्वामित्व और प्रबंधित किया जाता था।  भारत में बैंकों का राष्ट्रीयकरण दो अलग-अलग चरणों में हुआ। वर्ष 1969 में, भारत सरकार ने बैंकिंग कं...

Are you also confused with several ambiguous notions regarding differences between Governors-General and Viceroys of British India?  Not clear? Who was the first Governor-General of India - Warren Hastings or William Bentinck? On exploring more, you will get several relevant questions like Why was C. Rajagopalachari appointed as the only first & the last Indian Governor-General of Independent India even after getting freedom from British Raj? Okay. Okay…..Who was Lord Mountbatten then?  If you are one looking for answers to these questions, you are at the right place.  Let's recall everything from the very beginning when the East India Company (EIC) gradually started laying down the foundation of the British Rule in India through its political and administrative interferences along with trading activities.  The Battle of Plassey which was fought in 1757 between Siraj-ud-Daulah, the then Nawab of Bengal and the forces of the East India Company led by Robert Clive ...

Sardar Vallabhbhai Patel – “The Iron Man of India” –  Sardar Vallabhbhai Patel, popularly known as Sardar Patel, was one of the integrated leaders of our country who played a leading role in the freedom struggle of India. He also contributed a lot to the National Integration of India by merging numerous princely states to form a unified country. Born on – 31st October 1875 Place of Birth – Nadiad, Gujarat Parents – Jhaverbhai Patel & Laad Bai Political Party – Indian National Congress Popularly Known As – The Iron Man of India Profession – • Barrister • Politician • Activist • Freedom Fighter Notable Contribution – • Merger of Princely States • Integration of the Nation • Leading Role in the Freedom Struggle of India • Active Participation in Self – Rule Movement Awards – 'Bharat Ratna' in 1991 during the Government of P.V. Narasimha Rao Died On – 15 December 1950 Leadership Style of Sardar Vallabhbhai Patel – Sardar...

Coronavirus Disease Complete Details Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus. Most people infected with the COVID-19 virus will experience respiratory illness and recover without requiring special treatment. Older people and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illnesses. Official Name – COVID-19 (Coronavirus Disease) Virus – (SARS-CoV-2) Severe Acute Respiratory Syndrome Coronavirus 2 Explanation of Name – Corona means "Co" Virus means "vi" Disease means "d", overall COVID, since it was discovered in 2019, therefore, it is known as COVID-19.  Pandemic Declaration – The World Health Organization (WHO) has described the novel coronavirus as a pandemic for the first time. In a press briefing on 11th March 2020, WHO Director-General Tedros Adhanom Ghebreyesus expressed concern a...