10-13-2003, 06:24 PM
Re Farhan
sorry I forgot to mention one main thing...
In the scanerio you have given,,, In my opinion, it is NOT appropriate for the widow to deposit and receive interest on money from NSS even with all the problems you mentioned and the ones you didnot mention.
The role of NSS----- well, it is a grey area. though it appears that NSS is safe in this case, but is unsafe when it will reinvest he funds and receive interest to pay interest to widow.
Thanks
zubair
sorry I forgot to mention one main thing...
In the scanerio you have given,,, In my opinion, it is NOT appropriate for the widow to deposit and receive interest on money from NSS even with all the problems you mentioned and the ones you didnot mention.
The role of NSS----- well, it is a grey area. though it appears that NSS is safe in this case, but is unsafe when it will reinvest he funds and receive interest to pay interest to widow.
Thanks
zubair