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PPF is a short-term investment option backed by the Government of India. - Home Science

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Question

PPF is a short-term investment option backed by the Government of India.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is False.

Explanation:

The Public Provident Fund (PPF) scheme is a popular long-term investment option backed by the Government of India.

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Chapter 1: Budgeting and Savings - EXERCISES [Page 18]

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Oswal Home Science [English] Class 10 ICSE
Chapter 1 Budgeting and Savings
EXERCISES | Q 3. (b) | Page 18
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