n NISM Certifications
XVII NISM Series XVII
Medium

The Public Provident Fund (PPF) is suitable for retirement accumulation because the principal and interest are guaranteed, and the account benefits from the advantages of compounding.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Unlimited investments can be made in PPF and the returns are tax free

  2. B

    Some income can be withdrawn periodically

  3. C

    The returns are known at the time of investment

  4. The principal and interest is guaranteed and have the advantages of compounding

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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