No interest cut on small savings Flashcards
1
Q
context?
A
Adhi government ne small savings schemes varacha milnara interest rate kami kelela (mhnje jyane tya schemes madhe paise taklet tyala kami interest milel) -> to nirnay government ne mage ghetala
2
Q
what are small savings schemes basket?
A
total 12 -> Savings Deposit, National Saving Certificate (NSC), Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and Sukanya Samriddhi Scheme.
3
Q
How are interest rates decided?
A
Theoretically based on yields of government securities of the corresponding maturity with some spread on the scheme for senior citizens. -> practically many other factors
