Question
Consider the following statements about the Senior Citizens Savings Scheme (SCS
- S : I. Individuals aged 55–60 who have retired under a voluntary retirement scheme may open an SCSS account within one month of receiving retirement benefits. II. The maximum deposit limit under SCSS is ₹30 lakh per individual. III. The interest earned under SCSS is fully exempt from income tax under Section 80C of the Income Tax Act. Which of the above is/are correct?
More Economic and Social Issues ESI Questions
- If the cross-price elasticity of demand between two goods is negative, the goods are:
- The Union Cabinet has recently approved a comprehensive Export Promotion Mission (EPM) aimed at strengthening India’s export competitiveness, improving tra...
- Consider the following statements about Pradhan Mantri Awas Yojana-Urban (PMAY-U): I. PMAY-U is a demand-driven scheme, where beneficiaries apply for subsi...
- Which of the following statements regarding the PM SVANidhi Scheme are incorrect? 1. The scheme is exclusively for urban street vendors. 2. ...
- Consider the following Statements about Digital India Initiative. (I) Its main objective is to prepare India for a knowledge future (II) It is an umbrell...
- Which of the following pairs is INCORRECTLY matched? I. Balance of Trade — Difference between exports and imports of goods only. II. Current Account B...
- One of the objectives of the Scheme is integrated development of SC majority Villages By taking up identified activities, which do not get covered under th...
- Which of the following correctly describes Demographic Dividend? I- The demographic dividend is the economic growth potential that results from a shifti...
- Which of the following is an initiative under BBBP to celebrate the girl child?
- Which of the following Statements is/are True? I- The United States International Development Finance Corporation (DFC) is the development finance institut...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)