Question
The Government of India hiked the deposit limit and
interest rate for the Senior Citizen Savings Scheme (SCSS) this year & has also now allowed senior citizens to deposit up to _______ per person for a period of 5 years.Solution
The Government of India hiked the deposit limit and interest rate for the Senior Citizen Savings Scheme (SCSS) this year. For the July-September quarter, the SCSS scheme is offering 8.2% interest, which is likely to remain unchanged in the October-December quarter of FY 2023-24. The scheme now also allows senior citizens to deposit up to Rs 30 lakh per person for a period of 5 years. This tenure can be extended for another 3 years.   The enhanced deposit limit means a senior citizen couple (husband+wife) can have separate SCSS accounts in their names and deposit Rs 30 each in both accounts.
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21    23    49    152    ?     3086
640 320 160 ? 40 20
12, 16, 25, 41, 66, ?
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...A number series is given below, which follows a specific pattern. If 'A' represents the 'x'th term and 'B' represents ...
8, 9, 15, ?,82.5, 250.50
20, 30, 40, 55, ?, 160
2 3 3 ? 49 254
...
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