Small Savings Scheme

Q.  Which of the following are small savings schemes in India?

1) Sukanya Samriddhi Account Scheme
2) Kisan Vikas Patra
3) Sovereign Gold Bond Scheme
4) Public Provident Fund Scheme
- Published on 21 Mar 16

a. 1, 2, 4
b. 1, 2, 3
c. 2, 3
d. All of the above

ANSWER: 1, 2, 4
 
  • There are various small savings schemes in India like – National Savings Certificate (NSC); Post Office Monthly Income Scheme (MIS); Public Provident Fund Scheme; Post Office Time Deposit Scheme; Senior Citizen's Savings Scheme; Post Office Savings Account; etc.
  • These are backbone of Indian economy. These have been instrumental in harnessing the capital locked up in the country.

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