For hannelizing the unaccounted money for productive purposes the Government Introduced the scheme of : (1) Special Bearer Bonds (2) Resurgent. India Bonds (3) Provident Funds (4) Market Loans

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Answer :

(1) Special Bearer Bonds Explanation: The Special Bearer Bonds (Immunities And Exemptions) Act, 1981 laid down the purpose of such bonds as necessary to canalize for productive purposes black money which has become a serious threat to the national economy. With a view to such canalization, the Central Government decided to issue at par certain bearer bonds to be known as the Special Bearer Bonds, 1991.

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