List of twenty-nine commonly asked questions on senior citizen scheme with answers. Q. 1. What are the salient features of the Senior Citizens Savings Scheme, 2004? Ans. Q. 2. Can a joint account be opened under the scheme with any person? Ans. Joint account under the SCSS, 2004 can be opened only with the spouse [Rule 3 (3)] Q. 3. [...]
After reading this article you will learn about the evolution of banking during different periods. Ancient Period: Any effort to trace the roots of banking or history of banking in an authenticated written form may perhaps always remain incomplete as in one or the other way the functions of a bank always existed right from the day human race came [...]
List of top four earlier period banks of India:- 1. Bank of Hindustan (1770-1832) 2. The General Bank or General Bank of India (1786) and Bengal Bank 3. Bank of Calcutta (1806) or Bank of Bengal 4. The Presidency Banks. 1. Bank of Hindustan (1770-1832): In 1690 one of the Agents of East India Company Mr. Job Charnok selected Calcutta [...]