[Prelims 2020] List of UNESCO Intangible Cultural Heritages from India

What do you mean by intangible cultural heritage? Intangible cultural heritage means the traditions or living expressions inherited from our ancestors and passed through generations as a way of life. These include oral traditions, performing arts, social practices, rituals, festive events, knowledge and practices concerning nature and the universe and the knowledge and skills to… Continue reading [Prelims 2020] List of UNESCO Intangible Cultural Heritages from India

Debt funds as an Investment Option

  What are debt funds? While equity funds invest mostly in shares of listed companies, debt funds invest in instruments like government bonds, commercial papers (CPs), certificate of deposits (CDs) and non-convertible debentures (NCDs). Debt funds invest in such securities and earn interest income that is shared among the investors after deducting the fund-management charges.… Continue reading Debt funds as an Investment Option

Monetary Instruments: Commercial paper,Certificate of Deposit,Debentures,Systematic Investment Plan

Commercial paper: Commercial paper is a money-market security issues by large corporations to obtain funds to meet short-term obligations and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note. Is an unsecured, short-term instrument issued by a corporation, typically for the… Continue reading Monetary Instruments: Commercial paper,Certificate of Deposit,Debentures,Systematic Investment Plan