What is the primary investment focus of a Public Provident Fund (PPF)?

"Wealth creation" "Regular income" "Post-retirement income" "Insurance and wealth generation"

Which investment option typically carries the lowest risk?

"Mutual Funds" "ULIPs" "PPFs" "All have equal risk"

What is the minimum lock-in period for a ULIP investment?

"3 years" "5 years" "15 years" "There is no lock-in period"

Which investment option allows partial withdrawals after a certain period?

"Mutual Funds only" "ULIPs only" "PPFs only" "Both ULIPs and PPFs"

What is the key difference between Equity Funds and Debt Funds?

"Equity Funds invest in stocks, while Debt Funds invest in bonds" "Equity Funds are managed by the government, while Debt Funds are privately managed" "Equity Funds are for short-term investments, while Debt Funds are for long-term investments" "There is no significant difference between the two"

What is a major advantage of investing in Mutual Funds?

"They offer guaranteed returns" "They require no active management from the investor" "They are completely risk-free" "They are only available to high net worth individuals"

What is the main purpose of a Balanced Fund?

"To invest solely in high-risk stocks" "To provide insurance coverage along with investment" "To balance investment between equity and debt instruments" "To guarantee a fixed rate of return"

Which investment option combines the features of insurance and wealth generation?

"Mutual Funds" "ULIPs" "PPFs" "None of the above"