PMLA (Prevention of Money Laundering Act)
Meaning The Prevention of Money Laundering Act, 2002 (PMLA), helps prevent and punish money laundering in India. It…
PMSBY (Pradhan Mantri Suraksha Bima Yojana)
Full Form & Meaning Full form: Pradhan Mantri Suraksha Bima Yojana. It is an accident insurance scheme that…
Pradhan Mantri Garib Kalyan Yojana
Meaning The Pradhan Mantri Garib Kalyan Yojana (PMGKY) was launched to support the poor during crises like the…
National Financial Switch
Definition National Financial Switch (NFS) is India’s largest network of ATMs, connecting all major banks for interbank transactions.…
National Strategy for Financial Education
Meaning The National Strategy for Financial Education (NSFE) is an initiative by RBI, SEBI, IRDAI, and PFRDA to…
Moral Hazard
Definition Moral Hazard happens when an insured person takes higher risks because they know they are protected by…
Motor Insurance
Meaning Motor Insurance provides financial protection against loss or damage to vehicles due to accidents, theft, fire, or…
NABARD
Full Form & Meaning Full form: National Bank for Agriculture and Rural Development. NABARD is India’s development bank…
Mediclaim
Definition Mediclaim is a type of health insurance policy that covers hospital expenses if the insured person is…
Interest Certificate
Meaning An Interest Certificate is a document issued by banks showing the total interest you’ve earned or paid…