Thursday

MODI JI TWEETED ABOUT ELECTION

MODI JI TWEETED ABOUT ELECTION

As we know that, the result of 2019 Lok Sabha Election is declared and obviously the winner is Narendra Modi. Actually, the winner is not Narendra Modi but the winner is Secularism of India because the people voted for the development of the country rather than on the basis of Caste, Color, and creed. Narendra Modi in his campaign before the election had told that the people of the country would decide if they had to vote on the basis of caste or religion or for the development of the country
LOK SABHA ELCTION 2019 RESULTS AND MODIJI'S TWEET
NARENDRA MODI
He says that "Let us create a society where there is no discrimination on the basis of Caste, Color, and Creed.
Narendra Modi thanks to the people of country and all Bharatiya Janata Party Workers. Here is what Narendra Modi tweeted...

So what you think about 2019 Lok Sabha Elections,comment your views now...

Wednesday

TOP MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES

MOTIVATIONAL QUOTES

  1. YOU ARE LIMITED ONLY BY THE WALLS YOU BUILD.                                                                                           
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
  2. SUCCESS HUGS YOU IN PRIVATE,FAILURE SLAPS YOU IN PUBLIC THAT'S LIFE.                                 
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
  3. GET UP EVERY MORNING AND TELL YOURSELF "I CAN DO THIS"                                                                         
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
  4. YOU'LL NEVER CHANGE YOUR LIFE, UNTIL YOU CHANGE SOMETHING YOU DO DAILY, THE SECRET OF YOUR SUCCESS IS FOUND IN YOUR DAILY ROUTINE.                                                                                 
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
  5. PEOPLE WILL TALK BEHIND YOUR BACK,MAKE SURE TO GIVE THEM AN INTERESTING TOPIC.                                                                                                                                                       
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES  
  6. THE ONLY WAY TO LIVE LIKE A KING IS TO WORK LIKE SLAVE.                                                                      
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES
    MOTIVATIONAL | INSPIRATIONAL | SUCCESSFUL QUOTES

WHAT IS LOAN AND TYPES OF LOAN ? IMPORTANT FOR IBPS PO INTERVIEW

LOAN IS LENDING OF MONEY...

In finance, a loan is the lending of money to other people, organizations, etc. by one or more individuals, organizations, or other entities. The recipient incurs a debt and is usually responsible for paying interest on that debt until it is repaid, as well as repaying the borrowed principal amount.

The debt-evidencing document, e.g. a promissory note, will usually specify, among other things, the principal amount of borrowed money, the interest rate charged by the lender, and the repayment date. A loan involves the reallocation of the subject asset between the lender and the borrower for a period of time.



The interest provides the lender with an incentive to commit to the loan. In a legal loan, the contract enforces each of these obligations and restrictions, which can also place the borrower under additional restrictions known as loan agreements
Acting as a loan provider is one of financial institutions ' main activities, such as banks and credit card firms. The issuance of debt contracts such as bonds is a typical source of funding for other institutions.

Loan types

On the basis of Security Loans are of two types

  1. Secured Loan A secured loan is a loan in which the borrower as collateral pledges some asset.A mortgage loan is a very common type of loan used to buy residential property by many individuals. Until the mortgage is paid off in full, the lender, usually a financial institution, is given a security lien on the property title. If the borrower defaults on the loan, the bank would have the legal right to repossess and sell the house and recover the amounts due to it.Similarly, the car can secure a loan taken out to buy a car. The length of the loan is often much shorter, which corresponds to the car's useful life. There are two types of direct and indirect car loans. A bank lends the money directly to a  consumer in a direct car loan. A car dealership acts as a broker between the bank or financial institution and the consumer in an indirect auto loan.
  2. Unsecured Loan Unsecured loans are monetary loans not secured against the assets of the borrower. These may be available from financial institutions under many different forms or marketing packages: credit card debt personal loans bank overdrafts credit facilities or lines of peer-to-peer credit corporate bonds The interest rates for these forms may vary depending on the lender and the borrower. These can be regulated by law or not. In the United Kingdom, these may come under the Consumer Credit Act 1974 when applied to individuals.Interest rates on unsecured loans are almost always higher than for secured loans because the options for recourse of an unsecured lender against the borrower in case of default are severely limited, subjecting the lender to a higher risk compared to that of a secured loan. An unsecured lender must sue the borrower, obtain a cash judgment for breach of contract, and then pursue the execution of the judgment against the uncharged assets of the borrower. Traditionally, secured lenders have priority over unsecured lenders in insolvency proceedings when a court divides the borrower's assets.A higher interest rate therefore reflects the additional risk that the debt may be noncollectable in the event of insolvency.