Category: PENSION

Financial Inclusion Index

The Financial Inclusion Index is a way...

Banking Regulation Act 1949

The Banking Regulation Act of 1949 is...

Financial Inclusion Index

The Financial Inclusion Index is a way to figure out how many people in a country or area have access to money. Financial inclusion is the degree to which people and companies have access to and can make good use of financial services like banking, credit, insurance, and investment possibilities. Usually, the index is made up of different factors that measure different parts of financial participation. Some of these signs could be: 1.Access to banking services: This shows how many people and companies have access to official banking services like bank...

Saral Jeevan Bima...

The Insurance Regulatory and Development Authority of India (IRDAI) made Saral Jeevan Bima, a standard life insurance policy, available in January 2021. Its goal...

Aam Aadmi Bima...

The Aam Aadmi Bima Yojana (AABY) is a social security program in India that is run by the government. It gives people who live...

Life Insurance Corporation...

The Life Insurance Corporation of India (LIC) is an insurance group and financial company that is run by the government of India. It was...

Insurance

Insurance is a contract between a person or business (the insured) and an insurance company (the insurer). In exchange for regular fee payments, the...

Life Insurance

A person (the beneficiary) and an insurance company make a deal when they buy Life Insurance Corporation of India. In the event of the...

Pension Fund Regulatory...

The Government of India established the Pension Fund Regulatory and Development Authority (PFRDA) as a regulatory body in 2003. Its primary purpose is to...

National Pension System...

The National Pension System (NPS) is a government-sponsored voluntary pension program that seeks to provide Indian citizens with retirement income. The Pension Fund Regulatory...

Employees’ Provident Fund...

In India, the Employees' Provident Fund Organization (EPFO) is a crucial institution for social security. EPFO is tasked with managing and administering the Employees'...

Department of Pension...

The Indian government has a body called the body of Pension and Pensioners' Welfare. It is run by the Ministry of Personnel, Public Grievances,...
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