Universal Basic Income Universal basic income is the unconditional and uniform fixed cash transfer to everyone irrespective of their status either poor or rich, employed or unemployed. This concept firstly proposed by Switzerland but idea was dropped after analyzing its effects. Finland became the first country to adopt this system. UBI was proposed in economic survey to take out people…
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Unique Addhar card
Aadhaar based payment. What does it hold inside? Now a days, Aadhaar no. is getting linked with individual mobile no or A/c no. for the benefits which is provided by government. JAM came earlier where Jan Dhan A/c to be linked with Aadhar no. and mobile no. For distribution of LPG, there also Aadhaar card play a very vital role.…
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Two trains, A and B, start from stations X and Y towards each other, they take 4 hours 48 minutes and 3 hours 20 minutes to reach Y and X respectively after they meet if train A is moving at 45 km/hr., then the speed of the train B is (a) 60 km/hr (b) 64.8 km/hr (c) 54 km/hr (d)…
Read MoreAwards to Banks
AWARDS TO BANKS
Read MoreImportant Points about Payments Banks
__________________ “Payment Banks”_____________________ How payment banks am different from regular banks? Ans:-These banks can only receive deposits and remittances but cannot carry out lending activities. Aiming at financial inclusion, these banks will provide banking services to migrant labourers, low income households, etc. _____________________________ What is the maximum amount that can be saved under payment bank account? Ans:- The maximum…
Read MoreENGLISH WORD USAGE BASED ON NEW PATTERN
Choose the option corresponding to the sentence in which the usage of the word is INCORRECT or INAPPROPRIATE. Avoid 1) avoid excessive exposure to the sun 2) women planning to become pregnant should avoid drinking alcohol altogether 3) I avoid at tennis differently from some coaches 4) if the original owner had avoided his contract with the rogue, ownership of…
Read MoreThe Hindu editorial A mid-term referendum Summary
A Mid-term referendum After 2014 parliamentary elections, BJP has came to a halfway of its term. Now elections are going to be held in 5 states, namely-UP, Punjab, Goa, Uttarakhand and Manipur. This will be a major turn for BJP. Mostly assembly elections are mostly influenced with regional issues but with Honorable PM Mr. Narendra modi is going to influence…
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