| Consider the following statements regarding Kisan Vikas Patra Scheme. |
| 1. The scheme will provide facility of unlimited investment by way of purchase of certificate from post office in various denominations. |
| 2. The certificates can also be issued in single or joint names and can be transferred from one person to any other person. |
| 3. The facility of transfer from one post office to another anywhere in India and of nomination will also be available under the scheme. |
| Which of the statements) given above is/are incorrect? |
A) Only 1
B) Only 3
C) 2 and 3
D) None of these
Correct Answer: D
Solution :
[d] The Union Government on 18th November, 2014 relaunched Kisan Vikas Patra Scheme in New Delhi to encourage the habit of small savings among the citizen. The scheme will provide facility of unlimited investment by way of purchase of certificate from post office in various denominations.
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