Academy

SSC JE

Micro Units Development and Refinance Agency Bank (MUDRA Bank) was set up as a public sector financial institution on 8 April 2015 under Pradhan Mantri MUDRA Yojana (PMMY). It is set up to provide loans at low rates to Micro-Finance Institutions (MFIs) and Non-Banking Financial Companies (NBFCs) which then provide credit to MSMEs.

Credit Information Bureau (India) Limited or CIBIL is India’s first Credit Information Company (CIC) founded in August 2000. The company plays a critical role in India’s financial system. CIBIL’s corporate office is in Mumbai, Maharashtra.

"Bank Note Paper Mill India Private Limited established on October 13, 2010 by Registrar of Companies, Bangalore under the Companies Act 1956 with its registered and Corporate Office at Bangalore. The Registered and Corporate shifted to Mysore from Bangalore with effect from 1st December 2015."

The Securities and Exchange Board of India (SEBI) was established in the year 1988 and given statutory powers on 12 April 1992 through the SEBI Act, 1992. SEBI was set up to regulate the functions of securities market. Its headquarters is in Mumbai, and has Northern,Eastern, Southern and Western Regional Offices in New Delhi, Kolkata, Chennai and Ahmedabad respectively.

A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/ securities issued by Government or local authority or other marketable securities.

The Reserve Bank of India offers the Electronic Clearing System (ECS) for faster payments and collections. ECS is an electronic mode of payment / receipt for transactions that are repetitive and periodic in nature. By repetitive and periodic, it is meant that the transactions occur repetitively and after a fixed time interval, But ECS lacks certain things like it takes around 30 days for its activation after submitting the required documents, it is regional based, etc.

National Payments Corporation of India (NPCI, Hindi: भारतीय राष्ट्रीय भुगतान निगम) is the umbrella organisation for all retail payment systems in India,which aims to allow all Indian citizens to have unrestricted access to e-payment services.

संविधान के अनुच्छेद 79 के अनुसार संघ के लिए एक संसद होगी, जो राष्ट्रपति और दो सदनों से मिल कर बनेगी। ... यदि वह भारत सरकार के किसी राज्य सरकार के अधीन कोई लाभ का पद धारण करता है, लेकिन यदि संसद ने विध