Multiple choice general knowledge

Maximum & Minimum amount in NSC(National Saving Certificate) for any financial year is?

  1. 1,00,000 & 100

  2. minimum is 500 and maximum can be any

  3. 70,000 & 500

  4. minimum is 100 and maximum can be any
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NSC (National Savings Certificate) is a popular fixed-income investment scheme in India. The minimum investment amount is ₹100, and there is no maximum limit - investors can deposit any amount they wish. This makes NSC accessible to small investors while allowing larger investments for tax-saving purposes under Section 80C.

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