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?

Provident Fund
Life Insurance Policies
National Saving Certificate
Long-term Government Bonds
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
22 comments Page 2 of 3.

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.

Aravind said:   9 years ago
NSC is a short term saving certificate which gives tax exemption and it doesn't give any future liability.

Priyanka Singh said:   1 decade ago
Even I agree with Rohit, I think it shuld be Life insurance policy. Please explain the difference.

Advait said:   2 years ago
The correct one is Life Insurance Policies that are not included in the national debt.

Medo said:   8 years ago
Maybe it's because in NSC, it's an advance payment by the public to government.

Naskar said:   10 years ago
I think it is the debt of state government as state government uses that fund.

Rohitkr912 said:   1 decade ago
Yes please explain. I thought it might be Life insurance policy.

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.

Rajni said:   1 decade ago
Yes these all are future liabilities.


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