New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    In a financial year, an individual investor can invest

    can invest in the relaunched Kisan Vikas Patra up to a sum of
    A There is no upper limit Correct Answer Incorrect Answer
    B 1,50,000 Correct Answer Incorrect Answer
    C 5,00,000 Correct Answer Incorrect Answer
    D 10,00,000 Correct Answer Incorrect Answer
    E 1,00,000 Correct Answer Incorrect Answer

    Solution

    Investments can be made in denominations of Rs 1,000, Rs 5,000, Rs 10,000 and Rs 50,000 in the new KVP. By comparison, the earlier version allowed investments of at least Rs 100. There is no upper limit to investments in this instrument.

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