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What is the maximum deposit limit for investing in the National Savings Certificate (NSC) - VIII Issue?

1. ₹1 lakh
2. ₹5 lakhs
3. ₹10 lakhs
4. No upper limit

Correct answer: No upper limit

Solution

The National Savings Certificate (NSC) does not have an upper limit on the amount that can be invested. However, tax deduction benefits under Section 80C are subject to the overall annual limit.

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