Question
Which of the following statement is/are INCORRECT about
the announcement made by Central Government in November 2023 regarding modification to Senior Citizen's Savings Scheme? 1. The amended Senior Citizen's Savings (Fourth Amendment) Scheme, 2023, now allows depositors to extend their accounts multiple times upon maturity to benefit from its attractive interest rates for a shorter period. 2. The ministry has also amended the rules to not to allow premature closure of PPF account and changed the rules governing premature withdrawal under the National Savings Time Deposit scheme.Solution
The correct answer is D
Who introduced the concept of 'Accredited Investors' in the Indian securities markets?
Which of the following is not a step in the Risk Management Process?
The Risk of prepayments of loans and bonds and or premature withdrawal of deposits is called ________
Which city ranked 350th in the 2024 Oxford Economics Global Cities Index?
How much worth of credit guarantees were approved under the Credit Guarantee Scheme (CGS) in the financial year 2024–25 alone?
When calculating the Debt Service Coverage Ratio (DSCR), which financial metric is reintegrated into both the numerator and denominator to assess a comp...
A bank borrows Rs.50 crore from call money market on a daily basis and uses that to give a loan of Rs.30 crore to a AAA rated client (i.e. zero default ...
Who regulates the insurance sector in India?
Â
The Nationalization of Banks in India took place in which year?
1)Â Â Â 1969
2)Â Â Â 1980
3)Â Â Â 2021
According to the provisions of Section 127 of the Companies Act, 2013, if a company fails to pay the dividend, within a period of 30 days from the date ...
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