Fill in the blanks with suitable words. The National saving certificates are issued by __________.
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Solution
The National Savings Certificate (NSC) is a fixed income investment scheme that you can open with any post office branch. The scheme is a Government of India initiative. It is a savings bond that encourages subscribers – mainly small to mid-income investors–to invest while saving on income tax. National Savings Certificates(NSC) is is an Indian Government Savings bond issued by the Post office to generate small savings and income tax saving investments in India.