What is the key benefit of investing in the Post Office Monthly Income Scheme (POMIS)? Option: "High returns compared to equity shares", "All of the above", "Sovereign guarantee, making it a safe investment", "Monthly disbursement of interest"

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

What is the lock-in period for investments in the Post Office Monthly Income Scheme (POMIS)?

What is the interest rate for the Post Office Monthly Income Scheme (POMIS) as of January 1, 2024?

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

What is the maximum investment limit for a single account in the Post Office Monthly Income Scheme (POMIS)?

What is the penalty for withdrawing from the Post Office Monthly Income Scheme (POMIS) before the completion of one year?