Question

Which of the following does not grant any tax rebate?

A National Saving Certificate Correct Answer Incorrect Answer
B Indira Vikas Patra Correct Answer Incorrect Answer
C National Saving Scheme Correct Answer Incorrect Answer
D Public Provident Fund Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Indira Vikas Patra was a small scale deposit scheme operated by the post offices all over the country to encourage the idea of investment in the minds of the lower-middle class people. NSC, National Saving Scheme and PPF all grant tax rebate.

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