Question
What is the current interest rate received on the
NSC(National Savings Certificate) scheme?Solution
The National Savings Certificate is a fixed income investment scheme that you can open easily with any post office. It provides guaranteed interest and complete capital protection and also sometimes public provident fund and post office FD’s.
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X started a business with Rs.12000. After 6 months, Y joined with x% of X’s capital. At the end of the year, Y’s share in the Rs.36000 total profit ...
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