Air India: Knowledge Base

Air India is the flag carrier airline of India Headquartered at New Delhi, it is owned by Air India Limited, a Government of India enterprise, and operates a fleet of Airbus and Boeing aircraft serving 90 domestic and international destinations. The airline was founded by J. R. D. Tata as Tata Airlines in 1932 and… Continue reading Air India: Knowledge Base

What is NPA?

What are NPA’s? A loan is an asset for a bank as the interest payments and the repayment of the principal amount create a stream of cash flows. It is from the interest payments than a bank makes its profits. Banks usually treat assets as non-performing if they are not serviced for some time. If… Continue reading What is NPA?

What is Demonetization?

Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency: The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins. The opposite of demonetization is remonetization, in which… Continue reading What is Demonetization?

What is Multidimensional Poverty Index (MPI)?

The  s Multidimensional Poverty Index (MPI)  is the product of two numbers: the Headcount H or percentage of people who are poor and the average intensity of deprivation A – which reflects the proportion of dimensions in which households are, on average deprived. The criterion for someone to be declared as deprived as per MPI… Continue reading What is Multidimensional Poverty Index (MPI)?

Universal Service Obligation Fund (USOF)

Established in 2002, the USOF is headed by the USOF Administrator who reports to the Secretary, Department of Telecommunications (DoT). The Indian Telegraph (Amendment) Act, 2003 gave statutory status to the Universal Service Obligation Fund (USOF) The USOF’s main aim is to provide universal telecom services and ensure that even the unconnected areas in the… Continue reading Universal Service Obligation Fund (USOF)