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.
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.
Manish soni said:
1 decade ago
Life insurance policy is a national debt, because it has to be rapy on the occurance of particular event. Similarly providnt fund is also needed to pay and also the govt bonds are needed to pay.
But I am not sure about nsc, because I feel it's also a future liability. I doubt the answere.
But I am not sure about nsc, because I feel it's also a future liability. I doubt the answere.
Chitra said:
1 decade ago
I think it is similar to different government bonds so it should be taken as a liability but I am not quite sure about it because not sure about the policy issued for national saving certificate.
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.
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.
Deepthy said:
1 decade ago
I don't think so. NSC is a scheme, which provides tax deduction to the assessee.
LIC is a company, but the above given is a policy which have to be settled later.
LIC is a company, but the above given is a policy which have to be settled later.
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.
Kiruthika said:
1 decade ago
Yes I'm also agree with him because if there is no particular reason similarly the provident fund is also to pay the govt bonds.
TaNMaY Hamdapurkar said:
1 decade ago
National saving certificates is the certificates which is issued bye government. To general public to raise short term finance!
Vijay said:
1 decade ago
Answer is life insurance policies. Other 3 are considered in calculating national debt. LIC is an independent corporation.
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