CURRENT AFFAIRS

2021

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

As per the Government data, which state was the highest contributor to the small saving schemes, in the July-Sept quarter of 2021-2022?

A	Kerala
B	Maharashtra
C	Rajasthan
D	West Bengal

Explanation:

Detailed explanation-1: -Sukanya Samriddhi Yojana Scheme (SSYS) The SSYS is a government-backed deposit scheme for a girl child. Launched as a part of the ‘Beti Bachao Beti Padhao’ campaign, this scheme helps meet the financial needs of a girl child and comes with income-tax benefits under section 80C.

Detailed explanation-2: -Government has increased interest rates on various small savings schemes for the fourth quarter of the current Financial Year starting from 1st January 2023. The interest rate of five year National Saving Certificate has been increased to 7 per cent from 6.8 per cent.

Detailed explanation-3: -Savings certificates: National Savings Certificates (VIIIth Issue), Kisan Vikas Patra (KVP) etc. Social security schemes: Public Provident Fund (PPF), Senior Citizens ‘Savings Scheme (SCSS) etc.

There is 1 question to complete.