Question
Which pension scheme restricts participation of income
tax payers from October 1, 2022?Solution
FromĀ October 1, 2022 , individuals who are income taxpayers areĀ not eligible to join APY . The government imposed this rule to target the benefits of APY toward the economically weaker sections and ensure that those with taxable income do not avail subsidies meant for low-income individuals.
Under KCC scheme, short-term agriculture loan up to _________ is available at ________ per annum to farmers engaged in Agriculture and other Allied acti...
Which of the following statements accurately describe payday loans?
1) Payday loans are typically repaid in a single payment on the borrower's ne...
Urban Co-operative Banks (UCBs) are required to fix exposure limits for individual borrowers to mitigate credit risk. If a UCB, after assessing its fina...
Bank lends ā¹50 lakh for 2 years at 10% interest p.a. The borrower prepays ā¹20 lakh after 1 year. What is total interest earned?
The REER is used to measure the value of a specific currency in relation to an average group of major currencies. What does REER stand for?
What is the duration for which Payment Service Providers must maintain their books of accounts, records, and documents as per IFSCA regulations?
Which of the following conditions are true with regard to issuance of debit cards by IBUs (international Banking Units)
(i) IBUs may issue Debit ...
What is āDā in āADKAR Model of Changeā developed by Jeff Hiatt?
What does "ESG" stand for in the context of BRSR and SEBI's requirements?
In the RBIās circular on hedging foreign exchange risk, what is the maximum notional amount for derivative contracts involving INR without requiring u...
