Question
Which of the following statements is/are incorrect?
1. The interest rate for the Public Provident Fund (PPF) is 8.2% per annum. 2. Deposits under the Sukanya Samriddhi Yojana can be made until the girl turns 21 years of age. 3. The Senior Citizen Savings Scheme has a maximum investment limit of ₹30 lakhs. 4. The Kisan Vikas Patra doubles the investment amount in 115 months with an interest rate of 7.5%.Solution
• Statement 1: Incorrect. The interest rate for PPF is 7.1%, not 8.2%. • Statement 2: Incorrect. Deposits under the Sukanya Samriddhi Yojana are made for 15 years, and maturity occurs when the girl turns 21 or marries after 18 years. • Statement 3: Correct. The Senior Citizen Savings Scheme allows a maximum investment of ₹30 lakhs. • Statement 4: Correct. Kisan Vikas Patra doubles the investment in 115 months with a 7.5% interest rate.
The Tropic of Cancer (23°30' N) passes through which states of India?
Which climate classification best describes the high-altitude regions of Uttarakhand?
In a particular region in India, the local people train the roots of living trees into robust bridges across the streams. As the time passes, these brid...
Which area is referred to as the Konkan coast?
 Which of the following is/are the features of wet tropical evergreen vegetation?
1. Dense Forest with thick spread of grass.
2. Low vege...
In the context of Andaman and Nicobar Islands, which of the statements given below is/are correct?
1. Saddle peak is the highest mountain peak of...
The Ideal temperature for the growth of Bajra is between
Consider the following pairs:
Which of the pairs give...
Which of the following is incorrect regarding Lakshadweep islands?
Arrange the following peaks from East to West based on their geographical locations:
1. Mount Everest
2. Mount Denali
3. Mount Kilimanjaro
4. Mount Elbrus
Relevant for Exams:
