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Options
- A
KVP has a short tenor and so it yields higher returns
-
Interest is not paid and is a part of the maturity value
Correct answer
- C
One can choose the asset class in which the KVP will invest the funds
- D
There are very good tax benefits in KVP
Why this is the answer
In KVP, interest is compounded and reflected in the maturity amount, which helps in accumulating wealth over time suitable for retirement planning.
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