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ANNUITY

An annuity is a financial arrangement in which a person receives or pays a fixed amount of money at regular intervals for a specified period or for life.
Simple Explanation (Hinglish)
Annuity = Regular intervals par fixed payment milna ya dena.
Example:
Agar retirement ke baad aapke NPS corpus ka 40% annuity kharidne mein lagta hai, to insurance company aapko har month/quarter/year pension deti rahegi.
Exam-Oriented One-Liners


๐Ÿ”น PM MITRA = PM Mega Integrated Textile Region and Apparel Parks.

๐Ÿ”น Ministry concerned โ†’ Ministry of Textiles.

๐Ÿ”น Scheme approved in โ†’ 2021.

๐Ÿ”น Total outlay โ†’ โ‚น4,445 crore.

๐Ÿ”น Implementation period โ†’ 2021-22 to 2027-28.

๐Ÿ”น Based on โ†’ PM Gati Shakti National Master Plan.

๐Ÿ”น Vision โ†’ 5F (Farm-Fibre-Factory-Fashion-Foreign).

๐Ÿ”น Total parks approved โ†’ 7.

๐Ÿ”น Maximum Development Capital Support for Greenfield Park โ†’ โ‚น500 crore.

๐Ÿ”น Maximum Development Capital Support for Brownfield Park โ†’ โ‚น200 crore.

๐Ÿ”น Competitive Incentive Support โ†’ โ‚น300 crore.

๐Ÿ”น Expected investment โ†’ โ‚น70,000 crore.

๐Ÿ”น Expected employment generation โ†’ 20 lakh jobs.
โค3
1 din = 2 sheets
25 days = 50 clerk mains sheets
next 25 days = 50 po mains sheets
you will rock in mock and in real exam.
โค12๐Ÿ’ฏ4๐Ÿ˜2๐Ÿ‘Œ2
1 mahine se seedha 50 day ka bata dia maine ๐Ÿ˜‚๐Ÿ˜‚
par abhi pure 60 days toh hian hi mains ko
๐Ÿ˜14๐Ÿคฃ4๐Ÿ—ฟ3