Current Affairs · Government Schemes
Which of the following features distinguishes the Mahila Samman Savings Certificate (MSSC) from other small savings schemes offered by the Government of India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1MSSC requires a minimum investment of ₹50,000 and has a tenure of 5 years.
- 2MSSC permits partial withdrawal up to 80% after 6 months without interest deduction.
- 3MSSC is open to male and female citizens alike and offers tax exemptions under Section 80C.✓
- 4MSSC offers a fixed 2-year tenure exclusively for women and girl children with a maximum deposit limit of ₹2 lakh.
Correct answer
MSSC is open to male and female citizens alike and offers tax exemptions under Section 80C.
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