Question Description
Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared
according to
the UPSC exam syllabus. Information about Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements in the context of the Mahila Samman Savings Certificate:1. Any woman can open a Mahila Samman account that can be opened for herself or on behalf of a minor girl.2. The minimum investment amount is Rs 5,000 and the maximum investment is Rs 10 lakhs.3. There is tax exemption available on the interest earned from the scheme.4. The account holder may withdraw up to 40% of the balance after the first year from the date of account opening.How many of the statements given above are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.