What is a significant advantage of investing in Post Office schemes in terms of accessibility? Option: "Limited to major cities and urban areas", "Investments can only be made online", "Branches are located throughout the country, including remote areas", "Requires a minimum investment of Rs. 1 Lakh"

<< Back

Hi

Show Ans

i

What is a significant advantage of investing in Post Office schemes in terms of accessibility?

"Limited to major cities and urban areas"

"Investments can only be made online"

"Branches are located throughout the country, including remote areas"

"Requires a minimum investment of Rs. 1 Lakh"

<< Back

Hi

Show Ans

i

What makes Post Office schemes suitable for both rural and urban investors?

Tax-free returns

Online accessibility

Easy accessibility

High interest rates

<< Back

Hi

Show Ans

i

Which characteristic of Post Office schemes makes them a safe investment option?

High returns

Tax-free interest

Backed by the government

Low minimum investment

<< Back

Hi

Show Ans

i

What is the primary advantage of investing in Post Office savings schemes?

High returns

Sovereign guarantee

Tax-free interest

Low minimum investment

<< Back

Hi

Show Ans

i

What is the minimum investment amount required to open a Post Office Savings Account?

Rs. 500

Rs. 100

Rs. 1000

Rs. 250

<< Back

Hi

Show Ans

i

What is the key benefit of investing in the Post Office Monthly Income Scheme (POMIS)?

"High returns compared to equity shares"

"Monthly disbursement of interest"

"Sovereign guarantee, making it a safe investment"

"All of the above"