What was the primary objective behind the launch of the Kisan Vikas Patra (KVP) scheme?

To provide short-term financial relief to farmers To encourage long-term financial discipline among individuals To offer tax benefits for agricultural investments To promote investment in the stock market

What is the minimum investment amount required for the Kisan Vikas Patra scheme?

Rs. 500 Rs. 1,000 Rs. 5,000 Rs. 10,000

Which of the following is a key benefit of the Kisan Vikas Patra scheme?

Provides high-risk, high-reward investment opportunities Offers guaranteed returns irrespective of market fluctuations Allows for daily withdrawals with no penalties Focuses primarily on short-term investment goals

Under which of the following circumstances is premature withdrawal from KVP allowed?

To fund a vacation To purchase a new vehicle Upon the death of the account holder To invest in a different savings scheme

What is the lock-in period for the Kisan Vikas Patra scheme?

12 months 24 months 30 months 36 months