Sex-Ratio in India As per the Census, 2011 the child sex ratio has shown decline from 927 females per thousand males in 2001 to 918 females per thousand males in 2011. The State/UT-wise details are given below: Child Sex Ratio as per Census (1971-2011) S. No. States/UTs 2011 India 918 1 Jammu & Kashmir… Read More »
Systematic Investment Plans (SIPs) in Mutual Funds in India The number of Systematic Investment Plans (SIPs) in Mutual Funds in India has almost doubled from 60 lakh as on 31st March 2014 to 116.3 lakh as on 31st March 2016. It has further increased to 134.5 lakh as on 31st October 2016. The details of… Read More »
Value of Currency Notes in Indian Languages The Indian banknotes are printed in two languages, English and Hindi. In addition, the other languages printed on the language panel of the Indian notes are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Oriya, Punjabi, Sanskrit, Tamil, Telugu and Urdu. Inclusion of languages on Banknotes is… Read More »
Listing of Indian Insurance Companies Insurance Regulatory and Development Authority of India (IRDAI) issued a Discussion Paper on “Listing of Indian Insurance Companies” on 11th August 2016 in order to seek feedback on mandatory listing of life and non-life insurers. The Discussion Paper inter-alia suggests the following: i) Public listing enables the retail and institutional… Read More »
PPP Contracts in the Infrastructure Sector Public Private Sector (PPP) concessions are usually long term arrangements spanning over decades and contracting parties are required to manage the uncertainties and complexities that arise over the long-term concession periods. The Committee on Revisiting and Revitalizing the PPP Model of Infrastructure chaired by Dr. V.Kelkar, in its Report… Read More »
Simplified investment rules to attract more domestic and foreign investment Government has put in place a liberal, transparent and investor-friendly policy on Foreign Direct Investment (FDI) wherein most of the sectors are open to FDI under the automatic route. The Government reviews FDI policy on an ongoing basis and significant changes are made in the… Read More »
Minimum Balance in Saving Accounts Reserve Bank of India (RBI) vide its circular dated August 10, 2012 on Financial Inclusion – Access to Banking Services – Basic Saving Bank Deposit Account, advised all Scheduled Commercial Banks to offer a ‘Basic Savings Bank Deposit Account’ which shall not have the requirement of any minimum balance. In… Read More »
CA EXAMINATION – December, 2016 Dates & Timings : Common Proficiency Test will be held on Sunday, the 18th December, 2016 in two sessions as per details given below Session Section Subject Maximum Marks Minimum* Marks Timings Reporting Time Morning Morning A B Fundamentals of Accounting Mercantile Laws 60 40 18 12 10.30 A.M.… Read More »
Q Guests came to attend my marriage and had given the shagun in old currency notes of Rs 500 / Rs 1000. Can I deposit the notes in Bank account. If marriage shagun is given on or before November 8, 2016 (in notes of Rs. 500/1,000), then it can be deposited in bank up till December 30,… Read More »
Demonetisation : 23 places you can still use your old Rs 500 notes 24 Nov, 2016, 20:38 pm Government has permitted various exemptions for certain transactions and activities wherein payment could be made only through old Rs 500 notes. [ read Govt Notification Permissible payments with old bank note Date Extended till 15 Dec 2016 with… Read More »