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Commerce · Q707

Insurance

Graduate and Post Graduate · Commerce · question 707

Q707

Which is not an example of social security schemes of the Government?

A.
Rajeev Gandhi Equity Scheme
Answer
B.
Janata Personal Accident
C.
Jan Arogya Scheme
D.
Employees State Insurance Corporation

Answer: Option A

Solution

Answer: Option A
Solution:
Rajeev Gandhi Equity Scheme is not an example of social security schemes of the Government. The scheme is aimed at encouraging the flow of savings of small investors in the domestic capital market, and presents investors with tax benefits provisioned as a new section, 80CCG, in the Income Tax act.