Question
In the PPF (Public Provident Fund) Scheme the amount
gets locked in for a period of 15 years but if one has to withdraw it before the maturity then the money can be withdrawn only after how many years?Solution
In the PPF scheme partial withdrawals from year 7 i.e. on completing 6 years is permitted. It is a scheme for a long term investment that offers an attractive rate of interest and returns on the amount invested. It is not taxable. One has to open a PPF account under this scheme and the amount deposited during a year will be claimed under section 80C deductions.
If 50 percent of the families in a certain city subscribe to the morning newspaper, 65 percent of the families subscribe to the afternoon newspaper and ...
The 'Special Drawing Right (SDR)' is an international reserve asset created by:
What is the primary theme of India’s Union Budget 2024-25?"
The Mundell-Fleming framework studies (A) _____ , (B) _________ economies in a world with (C) _____ financial markets and (D) _____ capital mobility
Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?
I. Curtailment of the fiscal deficit.
Under the Bretton wood system, the long-term development assistance was to be provided by
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IBRD
...
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If rxy = 0.75, then ryx will be:
When a firm operates with excess capacity
