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WorksheetsSYBBI-WM Tax Saving Instruments
Total questions: 10
Worksheet time: 2mins
Name
Class
Date
1.
The following is not tax saving instrument
a)
PPF
b)
EPF
c)
NPS
d)
Bank FD
2.
For ELSS Lock in period is
a)
5 Years
b)
3 Years
c)
4 Years
d)
1 Year
3.
ELSS can be done as
a)
Lumsum
b)
SIP
c)
Lumsum and SIP
d)
None of the above
4.
Tax Saving FDs have a lock up period of _______ years
a)
2
b)
3
c)
5
d)
7
5.
NPS is currently having ________ status
a)
EEE
b)
EET
c)
ETT
d)
TTT
6.
For NPS the additional deduction is Rs. _________ over and above the limit.
a)
25000
b)
50000
c)
100000
d)
150000
7.
PPF is withdrawal after ________ years.
a)
15
b)
10
c)
5
d)
8
8.
in PPF employer also contributes.
a)
True
b)
False
9.
NSC is issued for ____
a)
5 Years
b)
10 Years
c)
7 Years
d)
11 Years
10.
PPF can be withdrawn for the following reason before lock in period.
a)
Marriage
b)
House Construction and Renovation
c)
Investment
d)
Gambling
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