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    Question

    Which of the following option is incorrect regarding the

    “Mahila Samman Savings Certificate”?
    A Mahila Samman Bachat Certificate is a new small savings scheme launched by the Government of India in Budget 2023 Correct Answer Incorrect Answer
    B It aims to empower women and girls. Correct Answer Incorrect Answer
    C The scheme offers a deposit security of up to INR 2 lakhs for a tenure of 5 years. Correct Answer Incorrect Answer
    D It comes with an interest rate of 7.5%. Correct Answer Incorrect Answer

    Solution

    Mahila Samman Savings Certificate is a new small savings scheme introduced by the Indian government in the budget 2023, aimed at empowering women and girls. The scheme offers a deposit security of up to INR 2 lakhs for a tenure of 2 years, with an interest rate of 7.5%.

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