What is a NSO?

Answer 1

NATIONAL SAVINGS ORGANISATION

Answer 2

NSO : IT IS NATIONAL SAVINGS ORGANISATION, WHICH IS A GOVERNMENT ORGANISATION.
IT DEVELOPS THE HABIT OF SAVINGS TO ALL THE CITIZEN OF INDIA THROUGH THEIR VARIOUS SCHEMES.
NATIONAL SAVING CERTIFICATES (NSCs),
POST OFFICE TIME DEPOSITS,
KISSAN VIKAS PATRAS, SENIOR CITIZEN SCHEMES,
INDIRA VIKAS PATRAS, AND PUBLIC PROVIDENT FUND ACCOUNTS ARE SOME SCHEMES MANAGED BY NSO.
THE FUNDS GATHERED BY NSO ARE UTILISED BY THE GOVERNMENT IN VARIOUS DEVELOPMENT SCHEMES, LIKE ROADS AND BUILDINGS, INFRASTRUCTURAL PROJECTS, AGRICULTURAL DAMS ETC.