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LORD JESUS CHRIST SAYS

Then he called the crowd to him along with his disciples and said: “Whoever wants to be my disciple must deny themselves and take up their cross and follow me. For whoever wants to save their lifewill lose it, but whoever loses their life for me and for the gospel will save it. What good is it for someone to gain the whole world, yet forfeit their soul? Or what can anyone give in exchange for their soul?

19 Mar 2019

STOCK MARKET--Sensex, SS2 and Modi. Are all three winners?/Read and understand.


Normally, the stock market gets nervous whenever there is a war-like situation. But not this time. More stocks have advanced as compared to the declining stocks since 14th Feb when the Fedayeen attack on CRPF in Pulwama killed 40 jawans. From BSE 500, only 83 stocks are trading at levels lower than those on 14th Feb. How one can explain this movement?

Normally, the stock market gets nervous whenever there is a war-like situation. But not this time. More stocks have advanced as compared to the declining stocks since 14th Feb when the Fedayeen attack on CRPF in Pulwama killed 40 jawans. From BSE 500, only 83 stocks are trading at levels lower than those on 14th Feb. How one can explain this movement?
Likely strong mandate for Modi
The stock market was fearing a fractured mandate in the coming general elections. That’s what pre-election surveys suggested. The market was concerned that a coalition government may not be able to push reforms, impacting long-term growth trajectory of the economy.
After the Pulwama attack, the way Modi government handled the situation suggests that Modi’s popularity is on the rise again. People now believe that the Modi government is walking the talk. It was the first time in many decades that Indian planes went inside Pakistan to carry out Surgical Strike 2 (SS2) on the terrorist camp. This has improved the sentiments as it showed that India is a strong country which would give a befitting reply to the terrorists’ dastardly attacks on Indian soil and that it is no longer a sitting duck.

18 Mar 2019

SENIOR CITIZENS-- WHAT ARE BENIBITS A SENIOR CITIZEN GETS IN INDIA NOW--



As your body clock strikes 60, a brand new phase of your life begins.
The monotony of work and the paucity of time completely vanish. Instead, what you are left with is a better understanding and a greater experience of how the world truly functions. In order to adapt to these changing realities, keeping yourself fit and agile and financially independent is highly essential.
The good news is that the Indian Government can help you throughout this extremely crucial stage. It has designed multiple strategies to provide you with a huge variety of benefits that can make your life much easier and simpler.
Here are a few perks and privileges that you can avail once you cross the threshold of middle-age and step into the cherished category of senior citizenship:
Financial Benefits

For the purpose of filing income tax returns, the IT department classifies elderly people into two categories:
-Above 60 - Senior Citizens
- Above 80 - Very Senior Citizens
In case of senior citizens, an income up to Rs. 3,00,000 is tax exempt. Anything above this amount would be taxed at standard rates, i.e., Rs. 3-5 lakh - 10%, Rs. 5-10 lakh - 20%, and Rs. 10 lakh and above - 30%. However, in case of very senior citizens, the exemption limit has been relaxed further. They don't have to pay any tax for an income up to Rs. 5,00,000.
Social Benefits

17 Mar 2019

Economic abbrevations / full form of abbeviations in banking and Economics/ read and syudy it


Here is the selective and important economics and banking Abbreviations for Bank Exams. These abbreviations have been asked in competitive exams and there are chances to ask again in competitive exams. So these abbreviations are for your practice. 
Important Economics Abbreviations

1.ABD: Asian Development Bank
2. ADR: American Depository Receipts
3. AGMARK: Agricultural Marketing Department
4. AITUC: All-India Trade Union Congress
5. AMCs: Asset Management Companies
6. APM: Administered Pricing Mechanism
7. ARF: Asset Reconstruction Fund
8. ASSOCHAM: Associated Chamber of Commerce and Industry
9. BIFR: Board of Industrial and Financial Reconstruction
10. BIMARU states: Bihar, Madhya Pradesh, Rajasthan and UP
11. BOP: Balance of Payment
12. BPL: Below Poverty Line
13. BSE: Bombay Stock Exchange
14. CAC: Capital Account Convertibility
15. CAD: Current Account Deficit
16. CAG: Comptroller and Auditor General
17. CBR: Crude Birth Rate
18. CCBs: Central Cooperative Banks
19. CII: Confederation of Indian Industry
20. CIS: Commonwealth of Independent States
21. CMIE:  Centre for Monitoring Indian Economy
22. COFEPOSA: Conservation of Foreign Exchange and Prevention of Smuggling Activities