Question

    Which of the following is not a part of the Social

    Security Schemes under Small savings instruments?
    A Sukanya Samriddhi Scheme Correct Answer Incorrect Answer
    B Public Provident Fund (PPF) Correct Answer Incorrect Answer
    C Senior Citizens‘ Savings Scheme (SCSS). Correct Answer Incorrect Answer
    D Suraksha Bima Yojna Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Small savings instruments can be classified under three heads: Postal Deposits: (comprising savings account, recurring deposits, time deposits of varying maturities and monthly income scheme). Savings Certificates: National Small Savings Certificate (NSC) and Kisan Vikas Patra (KVP). Social Security Schemes: Sukanya Samriddhi Scheme, Public Provident Fund (PPF) and Senior Citizens‘ Savings Scheme (SCSS).

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