What is the maximum limit of investment in MIS?
Ans.- In Single account Rs.4.5 lath and i: t joint account Rs.9 lakh. Share of individual in joint account will be xh or 1/3 if the account is opened with jointly with one or two adults respectively.’While calculating limit of Rs.4.5 lakh for an individual, his/her share in all single as well as joint accounts will be added.