Day: August 25, 2020

Insurance : Importance, Types and Benefits

1. What is Insurance?   Insurance is a legal agreement between two parties i.e. the insurance company (insurer) and the individual (insured). In this, the insurance company promises to make good the losses of the insured on happening of the insured contingency. The contingency is the event which causes a loss. It can be the death … Read more

National Common Mobility Card (NCMC Rupay Card)

National Common Mobility Card (NCMC), is an inter-operable transport card conceived by the Ministry of Housing and Urban Affairs of the Government of India. It was launched on 4 March 2019. The transport card enables the user to pay for travel, toll duties (toll tax) , retail shopping, and withdraw money. It is enabled through the RuPay card mechanism. The NCMC card … Read more