Question : 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 a 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 the Public Provident Fund, Sukanya Samriddhi Account and Saving Deposit has been changed to 9% from 7.5%.
Option 1: B and C only
Option 2: A, B and C
Option 3: A and C only
Option 4: A and B only
Correct Answer: A and B only
Solution : The correct answer is A and B only.
The interest rate of a five-year National Saving Certificate has been increased to 7 per cent from 6.8 per cent. With a higher interest rate, individuals may find the National Saving Certificate more attractive compared to other investment options available in the market, especially for those seeking relatively low-risk investment avenues.
The interest rate on senior citizen saving schemes increased to 8 per cent from 7.6 per cent. With this adjustment, seniors can potentially earn higher returns on their savings, providing them with more financial stability and support during their later years.
College Comparison based on Courses, Placement, Rank, Fee
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : According to census 2011, the male literacy rate in India is_____.
Option 1: 81.14 per cent
Option 2: 82.14 per cent
Option 3: 84.14 per cent
Option 4: 83.14 per cent
Question : The poverty ratio has declined to ______ in 2011-12 in rural India.
Option 1: 20.9 per cent
Option 2: 30.9 per cent
Option 3: 25.9 per cent
Option 4: 35.9 per cent
Question : With the 2022 amendments to the Indian Constitution, which of the following communities have been granted the Scheduled Tribes status by the Government of India?
A. Narikkurava community B. Hattee community C. Kadu Kuruba community D. Kapu community.
Option 1: A, B and C only
Option 2: B, C and D only
Option 3: A and D only
Option 4: A, B, C and D
Question : Which of the following statements is/are correct regarding the Government of India’s New Integrated Food Security Scheme? A. This New Integrated Food Security Scheme has been started from 1 January 2023. B. The Government of India targeted to supply food grains to more than 80 crore beneficiaries under the National Food Security Act. C. The first time this food grains supply programme was brought under the Ministry of Social Justice for effective implementation.
Option 2: A and C only
Option 3: A, B and C
Question : Which of the following statements are correct regarding the Union Public Service Commission? A. The Parliament has the power to make regulations as to the conditions of service of the Chairman, members, and staff of the commission. B. The Government of India Act of 1935 envisaged a Public Service Commission for the Federation and a Provincial Public Service Commission for each province or group of provinces. C. The Federal Public Service Commission came to be known as the Union Public Service Commission by Clause 1 of Article 378 of the Constitution in 1950.
Option 1: A and B only
Option 3: B and C only
Option 4: A and C only
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile