Posted inEconomics TIME LIABILITIES OF BANK – FIXED DEPOSIT Posted by By PM IAS Admin July 20, 2024 Time Liabilities of Banks Definition Time liabilities are bank liabilities with a fixed maturity date,…
Posted inEconomics CASHLESS ECONOMY MONEY, DEMAND AND SUPPLY Posted by By PM IAS Admin July 20, 2024 A cashless economy is one where financial transactions are conducted through digital means rather than…
Posted inEconomics ATM AND ITS TYPES Posted by By PM IAS Admin July 20, 2024 Automated Teller Machines (ATMs) play a crucial role in the Indian economy by providing convenient…
Posted inEconomics DEBIT AND CREDIT CARD Posted by By PM IAS Admin July 20, 2024 Debit and credit cards are essential financial instruments that facilitate electronic transactions and payments in…
Posted inEconomics DIGITAL PAYMENT- RTGS, NEFT, IMPS, UPI, ETC. Posted by By PM IAS Admin July 20, 2024 Digital payment systems have revolutionized the way financial transactions are conducted in India, providing convenient,…
Posted inEconomics BANK MONEY/ DEPOSIT MONEY Posted by By PM IAS Admin July 20, 2024 Bank money, also known as deposit money, refers to the money held in bank accounts…
Posted inEconomics FIAT MONEY Posted by By PM IAS Admin July 20, 2024 Fiat money refers to currency that has no intrinsic value and is not backed by…
Posted inEconomics EVOLUTION OF MONEY Posted by By PM IAS Admin July 20, 2024 The evolution of money in India has traversed through various stages, from ancient times to…
Posted inEconomics FUNCTIONS OF MONEY Posted by By PM IAS Admin July 20, 2024 Money serves several crucial functions in any economy, including the Indian economy. These functions are…
Posted inEconomics FUTURE STRATEGY Posted by By PM IAS Admin July 20, 2024 Developing future strategies for the Indian economy involves identifying key priorities, challenges, and opportunities to…