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 2 of 3.
Udayan said:
1 decade ago
Not sure with this answer. NSC is a short term national debt.
Chinmay said:
1 decade ago
Each and every one of the options is a future liability.
VIDYA.K. said:
1 decade ago
I think its short term measure and aim is only saving not any insurance benefit or extra returns stabilize price level.
Naskar said:
10 years ago
I think it is the debt of state government as state government uses that fund.
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.
Sk giasuddin said:
9 years ago
I think answer will be LIC.
Medo said:
8 years ago
Maybe it's because in NSC, it's an advance payment by the public to government.
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.
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.
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