What is the main advantage of investing in Money Market Funds compared to a regular savings account? Option: Tax-free income, Guaranteed principal protection, Higher potential returns, Unlimited withdrawals

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What is the main advantage of investing in Money Market Funds compared to a regular savings account?

Tax-free income

Guaranteed principal protection

Higher potential returns

Unlimited withdrawals

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What is a key advantage of Ultra Short Term Mutual Funds over traditional savings accounts?

Greater liquidity

Lower risk

Higher potential returns

Tax-free income

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What are Money Market Funds primarily designed for?

Short-term debt investments

Long-term growth

Retirement planning

High-risk, high-reward investments

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What is the primary reason investors choose liquid funds over savings accounts?

Tax benefits

Higher liquidity

Potentially higher returns

Zero risk

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What is one of the key benefits of investing in debt funds over a regular savings bank account?

"Guaranteed principal protection"

"Higher potential returns"

"Lower risk of inflation"

"Tax-free interest income"

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What type of investor is best suited for Money Market Funds?

Investors with a short-term investment horizon and lower risk tolerance

Investors seeking long-term growth

Investors with high risk tolerance

Investors looking for tax-free investment options