The Public Provident Fund is a low risk, long term, fixed income investment. PPF was introduced in India in 1968 with the objective to mobilize small saving in the form of investment, coupled with a return on it. The invested money is locked-in for a minimum period of 15 years , which can be extended in blocks of 5 years, if required. However, the scheme permits partial withdrawals from year 7 i.e. on completing 6 years. An account holder can withdraw prematurely, up to a maximum of 50% of the amount that is in the account at the end of the 4th year.
The Directorate General of Foreign Trade (DGFT) partnered with DHL Express to boost e-commerce exports for MSMEs under which initiative?
Bangladesh observes its Independence Day on _______________.
Which country has become the top destination for India’s defense exports, accounting for over 50 percent of total exports, according to a recent repor...
Asset Reconstruction Companies will have to deduct unrealised management fees where the net asset value of security receipts has fallen below _____ of t...
‘Healthy Mind, Healthy Home’ is an initiative launched by which Ministry?
Which digital geo-spatial platform was launched by the Government of India to advance agricultural management?
How much financial assistance has the Government of India secured through a loan agreement with the Asian Development Bank (ADB) to facilitate the devel...
Consider the following about G20 Finance and Central Bank Deputies (FCBD) meeting:
I. The first G20 Finance and Central Bank Deputies (FCBD) meet...
The Indian startup ecosystem is the third largest startup ecosystem in the world, boasting impressive ____unicorns (billion-dollar enterprises).
Which micro-lender has received approval from the Reserve Bank of India (RBI) for 100% stake acquisition by Kotak Mahindra Bank?
