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Kisan Vikas Patra Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the minimum investment in KVP?

a)

₹100

b)

₹500

c)

₹1,000

d)

₹5,000

2.

KVP is meant for which investor category?

a)

Only farmers

b)

Only senior citizens

c)

Only women

d)

Any Indian citizen

3.

What type of scheme is KVP?

a)

Tax-saving scheme

b)

Capital market scheme

c)

Small Savings fixed-income scheme

d)

Monthly income scheme

4.

Does Kisan Vikas Patra offer 80C tax benefit?

a)

Yes

b)

No

c)

Only for senior citizens

d)

Only for minors

5.

KVP can be transferred from:

a)

One person to another

b)

One Post Office to another

c)

Both A and B

d)

None

6.

Who notifies the interest rate of KVP?

a)

Post Office

b)

RBI

c)

Finance Ministry

d)

NABARD

7.

Can NRIs invest in KVP?

a)

Yes

b)

No

c)

Only through NRO

d)

Only up to ₹2 lakh

8.

KVP is most suitable for:

a)

High-risk investors

b)

Market-linked returns

c)

Safe, long-term guaranteed returns

d)

Cryptocurrency investors

9.

What is the current maturity period of Kisan Vikas Patra (as per latest small savings rates)?

a)

100 months

b)

110 months

c)

115 months

d)

120 months

10.

What is the general maturity rule of Kisan Vikas Patra?

a)

Matures when the investor turns 60

b)

Matures when the amount becomes double

c)

Matures after 10 years only

d)

No fixed maturity rule