Current Affairs · Government Schemes
Consider the following statements regarding the Public Provident Fund (PPF) scheme rules in India: 1. A subscriber can make one partial withdrawal every year starting from the 7th financial year. 2. A loan can be availed against the account balance up to 25% of the balance at the end of the second year preceding the application year. 3. The minimum yearly deposit required to keep the account active is Rs. 1000. 4. If an account is discontinued, all accumulated principal and interest are forfeited by the state. Which of the statements given above are correct?
- 11 and 2 only✓
- 22 and 3 only
- 31, 2, and 3 only
- 41, 2, 3, and 4
Correct answer
1 and 2 only
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