An indirect tax imposed on the goods and services is known as Goods and Services Tax (GST). It is a destination-based, multistage tax. Majority... View Article
The 3 types of Goods and Services (GST) Tax are the Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), and Integrated... View Article
Yes, India does have a sovereign wealth fund. It is the National Investment and Infrastructure Fund (NIIF). NIIF manages funds of over US $ 4.4... View Article
On 3rd November, 2005 the Government of India started the National Investment Fund. This was to channelize the funds gained by disinvesting the... View Article
Global Infrastructure Facility is a platform for global collaboration to boost investments in emerging and developing countries in quality and... View Article
Any fund incorporated or established in India, and these funds are collected from either foreign or Indian sophisticated investors, and which is... View Article
Sovereign wealth fund is a state-owned investment fund that funds in financial and real assets like precious metal, real estate, stock, bonds or... View Article
Bharat QR is a Mobile payment solution which is a Person to Merchant (P2M) mode where payments are done using credit or debit cards. BHIM UPI is... View Article
The full form of BHIM is Bharat Interface for Money and UPI is Unified Payments Interface. BHIM app is used to make quick digital transactions.... View Article
The full form of RTGS is real-time gross settlement. RTGS helps in transferring funds or securities instantly. You can read about the RBI - Know... View Article
The full form of UTR is Unique Transaction Reference (UTR) number. UTR reference number helps in identifying a RTGS, IMPS or NEFT transaction.... View Article
As per guidelines of Reserve Bank of India (RBI), the validity period of cheque from the date of issue is 3 months. These guidelines came into... View Article
National Payments Corporation of India (NPCI) was established by the RBI and Indian Banks Association (IBA). The purpose of creating NPCI was to... View Article
The Marathas won Delhi in 1757, but this gain would be reversed following the third battle of Panipat. It would only be in 1771 when they would... View Article
The Maratha Empire was founded by Chhatrapati Shivaji. Its formation was a result of the chaos and misrule that prevailed in the Deccans in the... View Article
The Treaty of Allahabad was signed in order to end the conflict between the East India Company on one side and the Nawabs of Bengal and Awadh and... View Article
The last European peoples to arrive in India were the French under the auspices of the French East India Company. The French East India... View Article
England became so powerful because of the following reasons: England had a powerful navy that outlassed most of its European rivals in terms of... View Article
The Lytton Report argued that Japan’s control of Manchuria was against international law and recommended that it should be an autonomous... View Article
The forward policy followed under the Viceroyalty of Lord Lytton was a set of foreign policies applicable to territorial ambitions and disputes... View Article
