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      Question

      Which of the following small savings schemes currently

      has a maturity period of 115 months?
      A NSC Correct Answer Incorrect Answer
      B PPF Correct Answer Incorrect Answer
      C MSSC Correct Answer Incorrect Answer
      D KVP Correct Answer Incorrect Answer

      Solution

      At the prevailing interest rate of 7.5%, KVP doubles the investment in 115 months (approximately 9 years and 7 months).

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