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Name two schemes introduced to encourage compulsory savings.

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Question

Name two schemes introduced to encourage compulsory savings.

Very Short Answer
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Solution

  1. The Provident Fund
  2. The Pension Scheme
  3. Gratuity
  4. Compulsory Deposit Schemes for Taxpayer.
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Notes

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Chapter 1: Budgeting and Savings - EXERCISES [Page 21]

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Dr. Alka Agarwal, Urvi Raval Home Science for Class 10th ICSE
Chapter 1 Budgeting and Savings
EXERCISES | Q 6. | Page 21
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