General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 32)
32.
Which of the following is not viewed as a national debt?
Discussion:
22 comments Page 1 of 3.
Chinmay said:
1 decade ago
Each and every one of the options is a future liability.
Advait said:
2 years ago
The correct one is Life Insurance Policies that are not included in the national debt.
Naveen said:
3 years ago
Yes, I think NSC is the right option as govt receives money FM investor and invest in other development tasks and earns revenue while deciding whatever rate of int it decides from time to time pay to public no liability at all always reduces rate of int whenever debt FM other sides increases.
Varsha said:
5 years ago
Answer is Life insurance policies.
NSC is a part of National small savings funds of the government so as to raise funds from the public. Kisan Vikas Patra is also similiar to it.
NSC is a part of National small savings funds of the government so as to raise funds from the public. Kisan Vikas Patra is also similiar to it.
Pardeep Kaur said:
8 years ago
You mean that pf LIC policies and long-term government bond is a debt? but I think long term govt bond is a debt, not NSC its public saving.
Medo said:
8 years ago
Maybe it's because in NSC, it's an advance payment by the public to government.
Sk giasuddin said:
9 years ago
I think answer will be LIC.
Shankar said:
9 years ago
National Savings Certificate is a certificate used for small savings and income tax saving investments in India. It is part of the postal savings system of Indian Postal Service.
Aravind said:
9 years ago
NSC is a short term saving certificate which gives tax exemption and it doesn't give any future liability.
Naskar said:
10 years ago
I think it is the debt of state government as state government uses that fund.
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