Which of the following has a lock in period till retirement?a. PPFb. ELSS Mutual Fundc. Long term FDsd. EPF
Question
Solution 1
The answer is d. EPF (Employee Provident Fund).
Here's why:
a. PPF (Public Provident Fund) - This has a lock-in period of 15 years, which can be extended in blocks of 5 years each. It doesn't necessarily last until retirement.
b. ELSS Mutual Fund (Equity Linked Saving Scheme) - This has a lock-i Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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