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    Question

    Which ministry issued new regulations in August 2024

    concerning investments in Public Provident Fund (PPF) and other Small Savings Schemes?
    A Ministry of Labour and Employment Correct Answer Incorrect Answer
    B Ministry of Finance Correct Answer Incorrect Answer
    C Ministry of Cooperation Correct Answer Incorrect Answer
    D Ministry of Women and Child Development Correct Answer Incorrect Answer
    E Ministry of Communications Correct Answer Incorrect Answer

    Solution

    The Ministry of Finance, specifically the Department of Economic Affairs, introduced new rules for investors in the Public Provident Fund and other Small Savings Schemes. These regulations aim to regularize irregularly opened accounts and streamline investment processes to enhance financial governance.

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