Examveda
Examveda

Find incorrect statements about Small Savings instruments in India.
1. Their interest rates are administered by the Bench Prime Lending rate (BPLR) of RBI.
2. Money collected from SSI, is transferred to National Investment Fund (NIF).
3. Money collected from SSI, forms a part of the Consolidated Fund of India.

A. 1 and 2

B. 2 and 3

C. 1 and 3

D. All of them

Answer: Option D


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