1) Small Saving scheme Flashcards
1
Q
What is it ?
A
It is a basket that comprises of 12 instruments
2
Q
What does it include ?
A
exs are
1) National saving certificate (NSC)
2) Public Provident Fund (PPF)
3) Kisan Vikas Patra (KVP)
4) Sukanya Samriddhi scheme
3
Q
Which panel has suggested on Small saving scheme ?
A
Shyamala Gopinath panel – A market-linked interest rate system for Small savings schemes
4
Q
When are the rates for small savings scheme announced ?
A
Announced quarterly
5
Q
What type of deposits do Small savings scheme include ?
A
Savings Deposit, Monthly Income deposit, Time and recurring deposits
