What is the lock-in period for the Kisan Vikas Patra scheme? Option: 36 months, 30 months, 12 months, 24 months

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

36 months

30 months

12 months

24 months

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What is the maturity period for KVP investments at the current interest rate?

113 months

100 months

124 months

135 months

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

Allows for daily withdrawals with no penalties

Offers guaranteed returns irrespective of market fluctuations

Focuses primarily on short-term investment goals

Provides high-risk, high-reward investment opportunities

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

Rs. 1,000

Rs. 5,000

Rs. 500

Rs. 10,000

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What is the primary objective of the Kisan Vikas Patra (KVP) savings scheme?

To encourage long-term savings among Indians with a low-risk option

To facilitate investments exclusively for urban residents with high income

To offer tax benefits under Section 80C of the Income Tax Act

To provide short-term investment opportunities with high risk

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What is the current interest rate offered on KVP investments?

7.2%

6.9%

7.7%

7.5%