Vidyalelo
Commerce · Q1011

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 1011

Q1011

What are the salient features of Kisan Vikas Patra? 1. Investment up to Rs. 1.5 lakh, get tax-deduction benefit under IT act. 2. KVPs can be pledged as security-deposit in public sector banks only. 3. KVP Funds can be withdrawn from ATMs using Kisan Credit card.

A.
Only 1 and 2
B.
Only 2 and 3
C.
Only 1 and 3
D.
None of them
Answer

Answer: Option D

Solution

Answer: Option D
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