Question
The Government of India hiked the deposit limit and
interest rate for the Senior Citizen Savings Scheme (SCSS) this year & has also now allowed senior citizens to deposit up to _______ per person for a period of 5 years.Solution
The Government of India hiked the deposit limit and interest rate for the Senior Citizen Savings Scheme (SCSS) this year. For the July-September quarter, the SCSS scheme is offering 8.2% interest, which is likely to remain unchanged in the October-December quarter of FY 2023-24. The scheme now also allows senior citizens to deposit up to Rs 30 lakh per person for a period of 5 years. This tenure can be extended for another 3 years.   The enhanced deposit limit means a senior citizen couple (husband+wife) can have separate SCSS accounts in their names and deposit Rs 30 each in both accounts.
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
{26.11 x 13.96 - (346.95 - 26.04 x 4.18)} = ?
54.8% of 800 - √(?) = 33.98% of 400 – 12.42% of 300
2090.03 ÷ 54.98 x 49.9 = ? + 20.32
35.11% of 159.99 + √195.97 ÷ 7.02 = ?
60.22 of 449.98% + 459.99 ÷ 23.18 = ?
√65 of 14.97 + √50 = (12.02)2 - ?
115.98 + 109.01 + (√575 - 17) X 20.09 - 204.89 + 38.03 = ?
233.98 + 73 × √35.95 - ? = 275.94 ÷ 3.99
15.232 + 19.98% of 539.99 = ? × 8.99