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    Question

    The government has relaxed the norms for various small

    savings schemes, including the Public Provident Fund (PPF) and Senior Citizen's Savings Scheme.It is ________ amendment in this scheme.
    A 2nd Correct Answer Incorrect Answer
    B 3rd Correct Answer Incorrect Answer
    C 4th Correct Answer Incorrect Answer
    D 6th Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The government has relaxed the norms for various small savings schemes, including the Public Provident Fund (PPF) and Senior Citizen's Savings Scheme.┬а┬а The amended Senior CitizenтАЩs Savings (Fourth Amendment) Scheme, 2023, now allows depositors to extend their accounts multiple times upon maturity to benefit from its attractive interest rates for a longer period.

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