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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

B It aims to empower women and girls.

C The scheme offers a deposit security of up to INR 2 lakhs for a tenure of 5 years.

D It comes with an interest rate of 7.5%.

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