Legal terms, Phrases and Maxims are usually precise shorter words or sentences which can provide larger meanings. Some of the words mentioned in different places denotes entirely different meanings. In this series we are trying to provide such legal terms, phrases and maxims and for more you can always be in touch with me. •…
Legal terms, Phrases and Maxims are usually precise shorter words or sentences which can provide larger meanings. Some of the words mentioned in different places denotes entirely different meanings. In this series we are trying to provide such legal terms, phrases and maxims and for more you can always be in touch with me. •…
Legal terms, Phrases and Maxims are usually precise shorter words or sentences which can provide larger meanings. Some of the words mentioned in different places denotes entirely different meanings. In this series we are trying to provide such legal terms, phrases and maxims and for more you can always be in touch with me. •…
Prime Minister Narendra Modi took oath as the 15th Prime Minister of India on 30th May 2019. He has completed 20 years in public office. Previously, he was the CM of Gujarat and he also have the uniqueness of longest-serving head of elected governments among all the Indian Prime Ministers. The list here is for the purpose of…
1. HDFC has completed the acquisition of majority stake in which private Insurance company recently? [A] Star Health and Allied insurance [B] Apollo Munich Health Insurance [C] Bajaj Allianz General Insurance [D] IFFCO Tokio General Insurance Answer: B [Apollo Munich Health Insurance ] 2. The ‘World Employment and Social Outlook: Trends 2020’ (WESO) report was…
1. Budget 2021-22 proposals rest on 6 pillars;fiscal deficit is set to jump to 9.5% of GDP in 2020-21 as per Revised Estimates. 6 pillars:health and well-being,physical,financial capital and infrastructure, inclusive development for aspirational India, re invigorating human capital, innovation and R&D & minimum government and maximum governance.Deficit is higher than 3.5% projected. Personal income…
Banking & Finance 1. RBI Enhances Rules for Banks’ Grievance Redress Mechanisms Framework effective from Jan 27,enhances disclosures on complaints,to provide insight on volume & nature,time taken,mechanism for ombudsman to recover cost of redressal from banks whose complaints exceed their peer group average,review by RBI etc. Banking Ombudsman Scheme was introduced in 1995. 2. Reserve…
Non-Banking Financial Company (NBFC) A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2003 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal…
Nidhi company is a corporate entity of which the main aim is to increase the habit of savings and mutral help among members. This company can be created with comparitively less capital. There are several advantages that one can enjoy under this form of organisation. But when we compare with other form of business a…
Nidhi company is a corporate entity of which the main aim is to increase the habit of savings and mutral help among members. This company can be created with comparitively less capital. There are several advantages that one can enjoy under this form of organisation. But when we compare with other form of business a…
