Question: What is National Savings Certificate? Explain please.

What is National Savings Certificate? Explain please.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The National Savings Certificate NSC is a popular savings instrument offered by the Government of India It is a fixedincome investment scheme designed ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

kindly help with journal entries from Oct 1st to 29th More info 201X Oct. 1 5 9 12 A check was drawn (no. 444) payable to Eileen Cooper petty cashier, to establish a $130 petty cash fund Paid $20 for...

1. Assuming that you are have 200,000 to invest and you will invest 50% in RIC and 50% in SSC and you plan to purchase only two bonds, which par value bonds will you purchase? 2. You purchased the...

National Savings as it stands today is one of the primeval institutions in the country with a legacy of more than 140 years. It has the powers to formulate policies and execute various National...

Question: Old MathJax webview Old MathJax webview i need ans of these question but the source is alot Old MathJax webviewOld MathJax webview i need ans of these question but the source is alot these...

The question on UK tax low answers for a and b is there i need for c and d only During the tax year 2020/21, Sona has Rental income of 50,000, Employment income of 120,000, Interest from Government...

can someone please help answer these questions A,B,C,D,E,F,G,H or at least a few of these questions. thankyou. i have uploaded tax tables (UK) and other images to help. if i need to upload anything...

Question 3: Adam started a business as a secondhand car dealer on 6 April 2015. The Profit and Loss Account for the year ended 31 March 2021 is as follows: Sales 300,000 Less: Cost of Sales (120,000)...

Adam started a business as a secondhand car dealer on 6 April 2015. The Profit and Loss Account for the year ended 31 March 2021 is as follows: Note 1: 1. Wages and salaries include 2,000 salary...

Note 1: 1. Wages and salaries include 2,000 salary taken by Adam for the Administration work of the business. 2. Interest expense includes 1,500, interest paid to Adam for his capital contribution to...

Task 2: Ms.Sabeena owns 2 furnished houses, both houses are let out for residential purposes. The details of each residential property for the tax year 2019/20 are as follows: 1st house: In 2018, She...

Task 2: Lectuea Ms.Sabeena owns 2 furnished houses, both houses are let out for residential purposes. The details of each residential property for the tax year 2019/20 are as follows: 1st house: In...

Check my work 9 Problem 2-4 (Algo) Accounting cycle; abalance [LO2-4, 2-6, 2-7, 2

Katie Watkins, an entrepreneur, believes consolidation is the key to profit in the fragmented recreational equine industry. In particular, she is considering starting a business that will develop and...

Concept Check 02.01-CC001 In a cash flow diagram, an upward arrow indicates a cash inflow or positive-valued cash flow. True or False?

Describe the structure of mitochondria, its functions and organization?

The Cherns case study is a realistic job preview of the human resource recruitment and selection process, providing you with experiential learning in areas of staffing, specifically in strategic...

Case Study 1: Carlson Companies Read the case study titled, "Carlson Companies" Write a fully developed paper in which you: 1. Assess how the Carlson SAN approach would be implemented in todays...

E Xomple: volues of flxiyl= 3 *+ky Find the maximum and minimum the Circle Evtremize Flx.yl= 3 * +by subject to

Find the equation of matrix JXm - Matri> denklemi'ni yatniz. (Ynlere dikkat edinit.) X2 = 5 k-0,8 Ve V,

Which one of the following is NOT a disadvantage to using dry erase boards? Question 11 options: Appropriate markers and erasers might not be provided. Multiple colors of markers may be used creating...

Paul Smitten is the partner in charge of the audit for a new client, Umbrella Holdings (UH). The client engaged Pauls audit firm in November 2019, in preparation for the 2020 audit. From 30 January...

How does inspecting a clients tangible assets assist the audit of the existence assertion for fixed assets?

Designing substantive procedures responds to: (a) The risk of material misstatement at the entity level. (b) The risk of material misstatement at the assertion level. (c) The risk of all types of...

6.19. A mayoral election in Madison, Wisconsin, has two candidates. Exactly halfthe residents currently prefer each candidate. (a) For a random sample of 400 voters, 230 voted for a particular...

6.26. A report released on September 25, 2006 by the Collaborative on AcademicCareersin HigherEducation indicated thatthere is a notable gap between female and male academics in their confidence that...

6..24. Jones and Smith separately conduct studies to test Ho: it = 0.50 against Ho'- tt # 0.50, each with n = 400. Jones gets tt = 220/400 = 0.550. Smith gets tt = 219/400 = 0.5475. (a) Show that z =...