Utility of Credit Cards – Vitiyagyan – English

Utility of Credit Cards

Credit Card is a easy financial credit tool that can bring lot of advantage if used prudently and responsibly. A credit card can invite huge charges, if the amount is not returned in full within the given credit period

Getting the Most Out of Your Credit Card

Learn about how to efficiently use Credit cards to get the maximum rewards.

This article provides an understanding on smart use of Credit cards and ways to get the most out of it keeping mind the responsibilities that come with it. It highlights the advantages and disadvantages of credit cards, types of credit cards, and difference between credit and debit cards.

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The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in the public interest.

The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and the remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance, and other stakeholders.

Visit The ICAI Website

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