Question

Consider the following statements regarding the Mahila Samman Savings Certificate Scheme (MSS

  • C : 1.Under the scheme, women of any age group, including girl children, can open an account with a minimum deposit of Rs 1000 and a maximum deposit of Rs 2 Lakhs. 2.The scheme offers an interest rate of 7.5% p.a., compounded quarterly. 3.It has a provision for partial withdrawal and premature closure of the account is allowed at any time after six months of opening without any reduction in the interest rate. How many of the statements given above are correct?
A Only one
B Only Two
C All Three
D None of the above
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