General Studies · Financial Savings Instruments
What is the mandatory initial lock-in or minimum tenure of a Public Provident Fund (PPF) account in India?
- 120 Years, extendable in subsequent blocks of 5 years
- 215 Years, extendable in subsequent blocks of 5 years✓
- 310 Years, extendable in subsequent blocks of 5 years
- 45 Years, extendable in subsequent blocks of 5 years
Correct answer
15 Years, extendable in subsequent blocks of 5 years
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