What is the primary function of the National Savings Organization (NSO)?
A) To collect taxes
B) To manage public sector enterprises
C) To mobilize savings
D) To control inflation
Answer: C
Which type of savings schemes are offered by NSO?
A) Pension schemes
B) Savings certificates
C) Insurance policies
D) Mutual funds
Answer: B
Which of the following is NOT a product offered by the NSO?
A) Prize Bonds
B) Defense Savings Certificates
C) Regular Income Certificates
D) Life Insurance
Answer: D
Who can invest in National Savings Schemes?
A) Only government employees
B) Only retired personnel
C) Any Pakistani citizen
D) Only businesses
Answer: C
What is the main purpose of the Prize Bonds issued by the NSO?
A) To offer guaranteed returns
B) To provide a chance to win prizes
C) To offer life insurance coverage
D) To collect taxes
Answer: B
Which scheme is specifically designed for senior citizens and retired government employees?
A) Behbood Savings Certificates
B) Regular Income Certificates
C) Defense Savings Certificates
D) Special Savings Certificates
Answer: A
What is the benefit of Regular Income Certificates?
A) High-risk investment
B) Periodic interest income
C) No returns
D) Life insurance coverage
Answer: B
Which of the following is a feature of Defense Savings Certificates?
A) Fixed returns over a long term
B) Linked to stock market performance
C) Insurance coverage
D) No maturity period
Answer: A
What does the National Savings Scheme aim to achieve for the government?
A) Increase foreign investment
B) Increase domestic savings
C) Reduce government spending
D) Control inflation
Answer: B
Which scheme is known for providing returns that are adjusted for inflation?
A) Defense Savings Certificates
B) Special Savings Certificates
C) Regular Income Certificates
D) Inflation-adjusted Savings Certificates
Answer: D
What is the maturity period for Special Savings Certificates?
A) 1 year
B) 3 years
C) 5 years
D) 10 years
Answer: C
Which of the following is a tax-free scheme offered by NSO?
A) Defense Savings Certificates
B) Prize Bonds
C) Behbood Savings Certificates
D) Regular Income Certificates
Answer: C
Who regulates the National Savings Organization?
A) State Bank of Pakistan
B) Ministry of Finance
C) Securities and Exchange Commission of Pakistan
D) Federal Board of Revenue
Answer: B
Which scheme allows investors to earn profit on a monthly basis?
A) Defense Savings Certificates
B) Prize Bonds
C) Regular Income Certificates
D) Special Savings Certificates
Answer: C
What is the minimum investment required for Special Savings Certificates?
A) Rs. 500
B) Rs. 1000
C) Rs. 10,000
D) Rs. 50,000
Answer: B
Which savings scheme is known for its bi-annual profit distribution?
A) Defense Savings Certificates
B) Special Savings Certificates
C) Regular Income Certificates
D) Behbood Savings Certificates
Answer: B
What is a key feature of the Defense Savings Certificates?
A) Short-term investment
B) Long-term investment with fixed returns
C) Lottery-based returns
D) Variable returns
Answer: B
Which certificate is specifically designed to support widows and pensioners?
A) Defense Savings Certificates
B) Regular Income Certificates
C) Behbood Savings Certificates
D) Special Savings Certificates
Answer: C
What type of return is offered on Prize Bonds?
A) Fixed interest
B) Variable interest
C) No interest, only prize winnings
D) Guaranteed high returns
Answer: C
Which organization provides the infrastructure for the issuance and redemption of NSO products?
A) State Bank of Pakistan
B) Pakistan Post
C) National Bank of Pakistan
D) Federal Board of Revenue
Answer: C
What is the primary goal of the National Savings Organization?
A) To manage state-owned enterprises
B) To fund public sector projects
C) To mobilize domestic savings
D) To control the money supply
Answer: C
Which product is not a part of National Savings Schemes?
A) Pension Fund
B) Prize Bonds
C) Defense Savings Certificates
D) Special Savings Certificates
Answer: A
What is the minimum holding period for Behbood Savings Certificates to earn profit?
A) 1 month
B) 3 months
C) 6 months
D) 1 year
Answer: A
Which scheme offers profit on a semi-annual basis?
A) Regular Income Certificates
B) Special Savings Certificates
C) Prize Bonds
D) Defense Savings Certificates
Answer: B
Who can purchase Prize Bonds?
A) Only government employees
B) Any citizen of Pakistan
C) Only pensioners
D) Only senior citizens
Answer: B
What is the main characteristic of a Prize Bond?
A) Fixed income
B) Chance to win prizes through draws
C) Guaranteed profit
D) Long-term investment
Answer: B
How often are Prize Bond draws held?
A) Monthly
B) Quarterly
C) Bi-annually
D) Annually
Answer: B
Which NSO product is best suited for regular income seekers?
A) Special Savings Certificates
B) Defense Savings Certificates
C) Regular Income Certificates
D) Prize Bonds
Answer: C
Which product is targeted specifically at senior citizens and pensioners for higher returns?
A) Special Savings Certificates
B) Regular Income Certificates
C) Behbood Savings Certificates
D) Prize Bonds
Answer: C
Which certificate is designed to provide financial security to families of deceased government servants?
A) Defense Savings Certificates
B) Regular Income Certificates
C) Behbood Savings Certificates
D) Welfare Savings Certificates
Answer: D
What is the typical investment period for Defense Savings Certificates?
A) 1 year
B) 3 years
C) 5 years
D) 10 years
Answer: C
Which savings product is intended to mobilize savings from the general public?
A) Insurance Policies
B) Prize Bonds
C) Mutual Funds
D) Regular Income Certificates
Answer: B
What is the maximum age limit for investing in Behbood Savings Certificates?
A) 50 years
B) 60 years
C) 65 years
D) No age limit
Answer: D
Which savings scheme allows periodic withdrawals without any penalty?
A) Special Savings Certificates
B) Defense Savings Certificates
C) Regular Income Certificates
D) Prize Bonds
Answer: C
What is the advantage of Prize Bonds over other savings products?
A) Fixed interest
B) Guaranteed high returns
C) No risk, chance to win prizes
D) Short-term investment
Answer: C
How does NSO contribute to the government’s financial needs?
A) By providing loans
B) By issuing bonds
C) By mobilizing savings
D) By collecting taxes
Answer: C
Which savings scheme is often considered a safe investment option with fixed returns?
A) Prize Bonds
B) Special Savings Certificates
C) Regular Income Certificates
D) Defense Savings Certificates
Answer: D
What is a major feature of the Special Savings Certificates?
A) Quarterly profit payment
B) Semi-annual profit payment
C) Annual profit payment
D) No profit payment
Answer: B
Which NSO product is best suited for short-term savings?
A) Defense Savings Certificates
B) Regular Income Certificates
C) Special Savings Certificates
D) Prize Bonds
Answer: C
Who benefits directly from the Behbood Savings Certificates?
A) General public
B) Senior citizens and pensioners
C) Government employees
D) Business owners
Answer: B
What is the typical maturity period for Regular Income Certificates?
A) 1 year
B) 3 years
C) 5 years
D) 10 years
Answer: C
Which product is known for providing income on a monthly basis?
A) Prize Bonds
B) Special Savings Certificates
C) Regular Income Certificates
D) Defense Savings Certificates
Answer: C
What is the primary purpose of issuing Prize Bonds by the NSO?
A) To provide a fixed income
B) To offer a chance to win prizes
C) To provide life insurance
D) To invest in the stock market
Answer: B
Which NSO product is most suitable for long-term investment with guaranteed returns?
A) Special Savings Certificates
B) Defense Savings Certificates
C) Regular Income Certificates
D) Prize Bonds
Answer: B
What is the main feature of the Special Savings Certificates?
A) Monthly profit payment
B) Semi-annual profit payment
C) Annual profit payment
D) No profit payment
Answer: B
Which product is designed for individuals looking for a safe and steady income?
A) Prize Bonds
B) Special Savings Certificates
C) Regular Income Certificates
D) Defense Savings Certificates
Answer: C
How does NSO support the government’s financial stability?
A) By managing public sector enterprises
B) By mobilizing domestic savings
C) By providing loans to the government
D) By issuing insurance policies
Answer: B
Which NSO product has the feature of bi-annual profit distribution?
A) Regular Income Certificates
B) Special Savings Certificates
C) Defense Savings Certificates
D) Prize Bonds
Answer: B
What is the benefit of investing in Defense Savings Certificates?
A) High-risk investment
B) Fixed returns over a long term
C) No returns
D) Variable returns
Answer: B
Which scheme is known for providing fixed returns with a specific maturity period?
A) Prize Bonds
B) Special Savings Certificates
C) Regular Income Certificates
D) Defense Savings Certificates
Answer: D