Banking Awareness - Annuity

ANNUITY
          An Annuity is a serious of payments made at fixed intervals of time. examples of Annuity are regular deposits to a savings account, monthly home mortgage payments, monthly insurance premium and pension payments. Annuities are classified by the frequency of payment dates. payments are made at a regular interval like Quarterly, half early, monthly, weekly yearly.

Books and Authors

The Himalayan Face                                 - Shishir Gupta

Making Growth Happen In India              - V.Kumaraswamy

Editor Unplugged                                      - Vinod Mehta

Fragile Frontier                                          - Saroj Kumar Rath

How Modi won it                                       - Harish Khare

Colours of the Cage                                    - Arun Ferreira

The Underground girls of Kabul                - Jenny Nordberg

Capital and Currency - Switzerland

SWITZERLAND

Capital : Bern

Currency : Swiss Franc

President : Didier Burkhalter

Prime Minister : Hassanal Bolkiah

Language : German, Romansh, French, Italian

Banking Term - Affinity Card

AFFINITY CARD
       Credit card linked with a special organization like sports club, exclusive club and charities. These cards help in raise funds when a part of income from every transaction goes towards the benefit of relevant organization.

Capital and Currency - Maldives

MALDIVES

Capital : Mali

Currency : Maldivian Rufiyaa

President : Abdulla Yameen

Prime Minister : Mohamed Nasheed

Language : Dhivehi