July 2022

National Mission for Manuscripts ✓The National Mission for Manuscripts (NMM) was launched in February 2003 by the Government of India with the mandate of documenting, conserving and disseminating the knowledge preserved in the manuscripts. ✓A manuscript is a handwritten composition on paper, bark, cloth, metal, palm leaf or any other material dating back at least […]

Negative Yield Bonds: ✓Are debt instruments that offer to pay the investor a maturity amount lower than the purchase price of the bond. ✓These are generally issued by central banks or governments, and investors pay interest to the borrower to keep their money with them. Reasons behind buying Negative Yield Bonds: ✓To create a diverse

Senior Citizen Savings Account ✓ the 5-year ​​Senior Citizen Savings Account can be opened by anyone who is over 60 years to age. ✓It carries an interest of 7.4% per annum payable quarterly and qualifies for Section 80C tax benefit. ✓These time-tested and safe modes of investments don’t offer quick returns, but are safer when