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.
Statements: U > G = L > V < K ≤ C > S < N
Conclusion I: U ≥ V
II: C > V
Statements:
P = G > Q = C > B; J < Z ≤ C
Conclusions:
I. Q > Z
II. B ˃ J
Statements:
R ≤ S = T; P < Q = R; S < U ≤ V; W ≥ V
Conclusions:
I). Â P < U
II). Â W > R
III).  T ≥ Q...
Statement:
O ≤ P > K ≤ L; W ≤ X = K > R; Q > L
Conclusion:
I. O > K
II. L < P
Statement: L > J ≥ U ≥ F; P < S < L
Conclusion: I. S < F II. P < U
Statements: U = T ≥ J < Y ≤ X; C ≥ Z > X ≤ P = S.
Conclusions:
I. J ≤ P
II. S > T
Statements:
P > O ≥ D > M ≤ Y < L; M > G > Q
Conclusions:
I)Â O > Q
II) L < G
...In these questions, relationship between different elements is shown in the statements. The statements are followed by conclusions.
Statements:...
Statement: C ≥ D > E ≥ H; I < E ≤ F < G
Conclusions: I. H > D II. G < H
...In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
