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Question
Mr. Kumar has recently retired and wants to get good returns from his savings. Identify the agency in which he can invest his savings:
Options
Post office
The Provident Fund
Gratuity
The Pension Scheme
MCQ
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Solution
Post office
Explanation:
The Post Office provides secure, low-risk investment options with reliable returns, such as the Senior Citizens Savings Scheme (SCSS) and the Post Office Monthly Income Scheme (POMIS), making them suitable for retirees.
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