Basic Finance

The currency pair consists of two currencies. In the case of foreign currency transactions, one will always be sold while the other will be bought and vice versa. For example, Mr A wants to convert X amount of INR (Indian...

Government spending plays a crucial role in shaping economic growth by influencing demand, jobs, and production. It involves revenue and capital expenses, impacts fiscal balance, and can stimulate the economy through the multiplier effect. However, unchecked deficits may lead to...

What is Pradhan Mantri Awas Yojana? Owning a house is a dream for everybody. But the growth in the real estate sector and the high property rate make it difficult for an individual to buy property in India. You need...

Time value of money is an important area which one should know if you are associated in the field of finance especially when you are dealing with loans, capital budgeting, investment analysis and other finance-related decisions. It’s a fundamental building...

Relationship Manager (RM/ RMs), in simple terms this word relates to the person managing relationships. Want to learn more about managing your investments and funds? Enroll in the NSE Academy Certified Financial Planning & Wealth Management course on Elearnmarkets. As...

The number of social security schemes introduced by Government of India seemed to be a big success. These schemes are gaining big popularity and hold huge significance for the masses as it not only takes care of the future but...

A number of schemes like Pradhan Mantri Jeevan Jyoti, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana, were launched by our honorable Prime Minister, Narendra Modi, in May 2015 for the welfare of the needy people. Today, we’ll discuss...

Unified Payment Interface is one among the many technological developments in the ways we can manage our money. Want to learn about managing your money in detail? join our course to gain a Certification in Online Financial Planning & Wealth Management at...

The Government of India has initiated a number of social security schemes to boost the financial stability of its citizens and to reinforce the economic development of the nation. These statutory social security schemes have huge significance for the masses...

It’s an EMI world. Whenever we talk about loans, the first thing that crosses our mind is loan EMI calculation. The abbreviation, EMI stands for Equated Monthly Installment. An equated monthly installment (loan EMI calculation) is the sum that the...

Having a demat account is the first step towards trading or investing. To understand the features and functions of this account properly, we have to fully understand the differences between a savings account, a trading and demat account. There’s an...