What is the FATF? The Financial Action Task Force (FATF) is an intergovernmental organization that designs and promotes policies and standards to combat financial crime. The FATF sets standards or recommendations for countries to achieve in order to plug the …
About the Scheme Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme that helps parents secure the future of their girl child. It was launched in 2015 as a part of the ‘Beti Bachao Beti Padhao (BBBP) campaign. BBBP …
About SAARC is a regional intergovernmental organization established in 1985 with 7 founding members. SAARC now comprises eight Member States: Afghanistan (joined in 2007), Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. The main objective of the Association include …
About WMA The Reserve Bank of India (RBI) gives temporary loans to the centre and state governments as a banker to the government. This facility is called Ways and Means Advances (WMA). This facility was introduced in 1997. Thus, WMA …