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Introduction Roman architecture gives an insight into the innovative minds of the people of those times. The legacy left behind by the Greeks was taken up by the Romans. Later they adopted the already established order in construction. Innovations like interior spacing were introduced, and with the combinations of new materials, a new architectural form came about noticeable in basilicas and amphitheaters in Rome. All these structures were backed by the state and built for the people of Rome. Influence on Later Architecture The influence of Greek architecture was prominent in the Roman period with the use of post- ... Read More
Introduction The Roman Colosseum is an architectural marvel and one of the world's wonders. Situated in Rome, the ruins stand tall that serves as an example of the expertise of the people of those times. The Flavian emperors built this giant theater, and the construction began around 70 and 72 CE. Located on Palatine hill, the artificial lake was the main focus of the place was drained out, and the place was readied to build the massive Colosseum. It could house more than 50, 000 spectators and was used for many entertainment purposes, like gladiator fights and combat ... Read More
Introduction Although the retirement age in India is not defined, given the current life expectancy of men and women, the standard norm is anywhere between 58-60 years. Now, when a person is working, they’ll be having a proper cash flow every month. But this stable income stops when you hit the retirement age. While some people get monthly pensions even after retirement, others have to survive on their savings, or may have to find some easy work to keep them going. This is because, when people retire, they’ll endure some tough financial hardships. So, to support retirees during such a ... Read More
Introduction The banking system has been rapidly evolving when fintech has set its foot in the financial space. The operations and transactions have become much quicker than ever before. With just a tap, one can view their bank accounts and transact at the comfort of their home. This is not the case with the traditional banking system, as it involves a lot of paperwork, documentation, and verification. Yet, these banking models have also incorporated the art of innovative technology, enabling the world to explore banking with a distinct eye. Now, what’s the difference between traditional banking models equipped ... Read More
Introduction Managing all the financial transactions from one account can be a cumbersome process. This especially happens for big businesses, as they go through several money-related deals every day. Some of them include wages, salaries, operating expenses, machinery costs, etc. If the company operates in multiple business verticals, it’s important to have a separate bank account for conducting the day-to-day financial transactions. However, this is not just for businesses but also for individuals who want to add discipline to your financial regime. Zero balance account provides everything you need in one go. You can use this account to save ... Read More
Introduction The best way to up your finance game is by keeping track of your account balances frequently. This will help you to understand and compare all your cash flows, giving you the full picture of your financial standings in the current year as opposed to last year. As people have authority of their funds lying in their accounts, they can withdraw anytime. So, banks came up with minimum balance requirements to encourage people to save right. Besides, these entities endure through a lot of expenses such as overheads, ATM services, customer services, account maintenance charges, and other ... Read More
Introduction Every bank has a separate headquarters, a physical setup to run its business operations, and individual branches disseminated at distinct locations across the world. Initially, the banking system started offline until fintech models swept off our feet with its quirky traits. Though new banking systems like digital banking and mobile banking garnered enough attention in the financial space, traditional banking is still considered a safe line for many. What is traditional banking? Traditional banking refers to the process of carrying financial transactions at offline bank branches, either depositing or withdrawing funds from your respective accounts. This system allows ... Read More
A better way to build a future is by saving well today. But this won’t happen if you keep your hard cash lying idle in your lockers instead of somewhere else, say, a bank, where you can earn some additional money in the form of interest. To harness this situation, banks came up with checking accounts - one stop solution for your money parking problems. Although you have a salary or a personal savings account, you can still open a checking account and manage your finances. As the tutorial narrates about the checking account, what exactly is it? And ... Read More
Introduction The payment system in the banking world has seen a huge transformation over the past few years. The rise in technological advancements gave rise to new financial applications, enabling the processing much smoother and convenient. These digital tools reduced the need for carrying cash to any external locations. Thanks to smartphones, it has facilitated transactions virtually anywhere via the internet. This kind of framework led to the origin of e-wallets in the financial space, enhancing the access to multiple financial resources. So, what exactly are these wallets? Are they a game-changer in the payment platforms? Define ... Read More
Introduction The level of risk differs for everyone as it depends on various activities conducted by the business or person. So, whether you are an individual or organization, you have to learn about the risks linked to your regular dealings. Since risk is something that’s uncertain, knowing how to encounter it upon happening aids you to be a step ahead in the game. Risks are two types, namely, systematic and unsystematic. The former type of risk cannot be unavoidable, as it’s inherent in nature impacts the entire market on a whole, including geographically and economically. Some of the ... Read More