CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Union Cabinet has approved the exclusion of States from National Small Savings Fund.Which of the following state has the part of these state
A
Haryana
B
Madhya Pradesh
C
Odisha
D
Kerala
Explanation: 

Detailed explanation-1: -a) Exclusion of States/UTs (with Legislature) excepting Arunachal Pradesh, Kerala, Madhya Pradesh and Delhi from NSSF Investments. Arunachal Pradesh shall be given loans to the tune of 100% of NSSF collections within its territory, whereas Delhi, Kerala and Madhya Pradesh shall be provided 50% of collections.

Detailed explanation-2: -All deposits received under National Saving Schemes are credited to the National Small Saving Fund (NSSF)-a public account established w.e.f 1.4. 1999. All withdrawals by the depositors are made out of the accumulations in the fund.

Detailed explanation-3: -The small savings instruments include. Public Provident Fund Account (PPF) Sukanya Samriddhi Scheme. Senior Citizen Savings Scheme. Post Office Savings Account.

There is 1 question to complete.