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Yojana March 2018 Analysis | Gold Monetisation Scheme
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Gold Monetisation Scheme

Vani Ravija
Voice Actor | Ranked globally in top 10% on Fiverr in English Diction

U
Unacademy user
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very clear and important explanation of NPA
Nice explanation ......
Vani Ravija
2 years ago
Thank you!
  1. YOJANA March -2018 Analysis


  2. About Me Vani Ravija Civil+ Software Er. CAT/GATE/NMAT Kathak & Jazz Dancer Traveler Rate, Review, Recommend & Share https://unacademy.com/user/footsurevani


  3. GOLD MONETISATION SCHEME


  4. Budget 2015-16 Features Safeguard household gold Productive use Reduce imports decrease domestic demand Asset class Gold deposit account Regulated gold exchanges International approachprofessionally & transparently Digitally advanced industry Remove intermediaries


  5. Benefits 1. Easy Storage 2. Utility for Idle Gold 3. Deposit Flexibility 4. Quantity Flexibility 5. Convenient tenures 6. Attractive interest rates 7. Variety in Interest Calculation 8. Verification of Purity 9. Tax Benefits


  6. Easy Storage 1. Store 2. Return money/physical 3. Tradition: lockers in bank & annual fee


  7. Utility for Idle Gold 1. Old/unutilised bank locker/home x productive 2. Sellingspot money 3. Interest/Encash


  8. Deposit Flexibility 1. Ornaments/Jewellery/Coins/Gold Bars 2. Encrusted with gemstones- x


  9. Quantity Flexibility 1. Min: 30g 2. MaxX any purity


  10. Convenient tenures 1. 3 term deposit plans 2. 1-3 years 3. Nominal penalty