PPP (Point-to-Point Protocol), specified in RFC 1661, is a protocol used to establish a direct. connection between two nodes via a WAN or LAN. It provides a standard method for. transporting multi-protocol datagrams over point-to-point links.
Â© 12015 SEI. A Collective Investment Trust (âCITâ) is an investment vehicle similar to a US mutual fund but that is. available only to qualified retirement plans, such as 401(k) plans and governmental plans. CITs are. sponsored by bank or trust companies under the supervision of the Office of the Comptroller of the.
Concept of Chit Fund: The Chit Fund concept is a totally Indian concept but the system has now won universal acclaim. It is a fraternity fund which is a â2 in1â² savings cum lending instrument.hey bid for the amount and the person offering the highest discount receives the chit amount. Out of the discount foregone, the Companyâs commission (5% of the chit amount) is deducted and the balance is divided equally among the subscribers in the group.