One Sunday afternoon, Aadeshna’s mother brought up the topic of the investments she had made in her lifetime. Her mother had retired last year from the Indian Post Office. Most of the investments […]
Getting Insured [Part I]
Word: Pecuniary
Pecuniary [Adjective] Sentence: The Coordination Committee of All District Courts’ Bar Associations has claimed that litigants will benefit massively if the pecuniary jurisdiction of the lower courts here is enhanced from Rs.20 lakh […]
Word: Abhor
Abhor [Verb] Sentence: Jimmy abhorred waking up in the morning and going to office, especially on Mondays. Meaning: To hate, To detest, To despise How to Remember? “A-Bhor” can be thought of […]
Word: Abrade
Abrade [Verb] Sentence: Majuli, the world’s largest river island, is being abraded by the mighty river Brahmaputra itself. Meaning: Erode, Wear away, Abrase How to Remember? The “rad” in “Abrade” should remind you […]
Word: Abdicate
Abdicate = Ab + Dicate. Think about a dictator now like Hitler himself. A dictator holds immense power. Say, this is the “normal” state. So, what is the ab-normal state? That would be loss of power. Giving away power. Renouncing power. Thus, remember “Abdicate”.
Word: Abject
Abject [Adjective] Sentence: Millions in Sub-Saharan Africa live in abject poverty. Meaning: Wretched, Miserable, Pitiable Photo Credit: http://supportchildpovertyinzimbabwe.weebly.com Mnemonic (Memory Aid): How To Remember? Abject should remind you of the word “reject”. And […]
Retirement Plan: Just PPF!
PPF or the Public Provident Fund is a no-fuss investment opportunity provided by the Government of India (GoI) under the Public Provident Fund (PPF) Scheme, 1968. Requiring as low as INR 100 to […]
The Number 72
Often we see investment advertisements which promise to double our money in (say) 9 years. Sounds good, doesn’t it? Or don’t you wonder sometime, in how many years your money would double, […]
Tax: The Hindu Undivided Family
Familial ties can be strong in India. Joint families abound with members sharing the same kitchen as well as the income generating assets. The concept of Hindu Undivided Family (HUF) thus exists […]
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