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A Systemically Important Payment System (SIPS) is a payment systems whose failure could potentially endanger the operation of the whole economy. In general, these are the major payment clearing systems or real-time gross settlement systems of individual countries, but in the case of Europe, there are certain pan-European payment systems.
A systematic investment plan (SIP) is an investment vehicle offered by many mutual funds to investors, allowing them to invest small amounts periodically instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly.
National Institutional Ranking Framework (NIRF) is a ranking methodology released annually by the Ministry of Education, Government of India, to rank institutions of higher education in India. The framework was approved by the former Ministry of Human Resource Development (now the Ministry of Education) and launched by the Minister on 29 ...
Broadband is defined by the Telecom Regulatory Authority of India as "an always-on data connection ... that offers a minimum downlink and uplink speed of 2 Mbit/s". [2] The number of internet users is 895.832 million, out of whom 34.36 million are narrowband subscribers and 861.472 million are broadband subscribers. [3]
An important purpose of the SIPs for US securities is to publish the prevailing National Best Bid Offer (NBBO). [2] There are three exclusive SIPs in operation as of 2023. The UTP Plan oversees the SIP for securities listed on Nasdaq and over-the-counter securities, also called unlisted trading privileges securities.
India population growth rate in the year 2021 was 1.09%. Area: 7 / 194 United Nations Statistics Division(UNSD) The area of India is 3,287,263 km square. Net migration (rate) 1 / 194: Micro Trends: The current net migration rate for India in 2020 is -0.369 per 1000 population, a 3.66% decline from 2019. [4] Net migrants: 2 / 194: World Bank
The Chartered Financial Analyst (CFA) program was first delivered through AIMR (today's CFA Institute) in the USA, and later in India with the partnership of the then Institute of Certified Financial Analysts of India (ICFAI). Note that ICFAI is not affiliated with the CFA Institute and both the institutes have broken their partnership and are ...
The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$580 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$95 billion) recorded in December 2013.