Which of the following statements is/are correct regarding the changes made to small savings schemes by the Government of India in December 2022?
A. The interest rate of five year National Saving Certificate has been increased to 7 per cent from 6.8 per cent.
B. The interest rate on senior citizen saving schemes increased to 8 per cent from 7.6 per cent.
C. The interest rate on Public Provident Fund, Sukanya Samriddhi Account and Saving Deposits have been changed to 9% from 7.5%.
Q:
Which of the following statements is/are correct regarding the changes made to small savings schemes by the Government of India in December 2022?
A. The interest rate of five year National Saving Certificate has been increased to 7 per cent from 6.8 per cent.
B. The interest rate on senior citizen saving schemes increased to 8 per cent from 7.6 per cent.
C. The interest rate on Public Provident Fund, Sukanya Samriddhi Account and Saving Deposits have been changed to 9% from 7.5%.
- 1B and C onlyfalse
- 2A, B and Cfalse
- 3A and C onlyfalse
- 4A and B onlytrue
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Answer : 4. "A and B only"
Explanation :
All are correct regarding the changes made by the Government of India in small savings schemes in December 2022
A. The interest rate of five year National Saving Certificate has been increased to 7 per cent from 6.8 per cent.
B. The interest rate on senior citizen saving schemes increased to 8 per cent from 7.6 per cent.