The term JAM has became part of the India’s finance world since it found place in two important documents recently – The Economic Survey 2014-15 and the Union Budget 2015-16. So what is JAM and why this term has suddenly become so important.
What is JAM?
JAM stands for three things – the Jan Dhan Yojana, the Aadhaar initiative of UIDAI and Mobile number. These three things are now often called the Trinity of...
What is JAM Trinity?
The term JAM has became part of the India’s finance world since it found place in two important documents recently – The Economic Survey 2014-15 and the Union Budget 2015-16. So what is JAM and why this term has suddenly become so important.
What is JAM?
JAM stands for three things – the Jan Dhan Yojana, the Aadhaar initiative of UIDAI and Mobile number. These three things are now often called the Trinity of...
17 June 2015 Current Affairs
1) Which state is poised to become the first in India to impose streetlight tax on its citizens as approved by the state cabinet during June 2015? – Andhra Pradesh
Explanation: Andhra Pradesh Chief Minister N. Chandra Babu Naidu cleared the proposal to levy streetlight tax on residents of the state. The proposed streetlight tax will become part of the property tax notice served on AP residents. According to the proposal,...
16 June 2015 Current Affairs
1) 15 June 2015 marked which anniversary of the Magna Carta, the historic charter (agreement) signed between the King of England and the English nobility which limited the power of the throne and was the first significant limit placed on governmental authority in the world? – 800th
Explanation: The signing of the historic “Magna Carta” completed 800 years on 15 June 2015. It was signed on 15 June 1215, when under pressure...
14-15 June 2015 Current Affairs
1) The Union Govt. on 13 June 2015 launched an Indian insurance pool to the tune of Rs. 1,500 crore which is mandatory under the Civil Liability for Nuclear Damage Act (CLND). This insurance pool was launched to address the concerns of the clauses in the CLND Act, which give the operator the Right to Recourse and allow it to sue the suppliers in case of any accident. Which insurance entity is the fund operator of this pool? – General...