Question. The Government has reduced the rate of profit on National Saving Schemes primarily for the reason of:
- Enhancing the level of saving rate
- Discouraging the blockage of money in such schemes
- To encourage the investors to invest their capital in active business ventures
- To bridge the gap between their profit rate and Bank’s mark up rate on loans
Education is not the filling of a pail, but the lighting of a fire. ― W.B. Yeats