Which one of the following is an example for Long Term Investment Option?
Which one of the following is an example for Long Term Investment Option?
[A]Fixed deposit
[B]Money market
[C]Public provident fund
[D]Saving accounts
Public provident fund
The short term investment options are savings bank account, money market/liquid funds and fixed deposits with banks. The Long term investments typically comprise the Post Office Savings Schemes, Public Provident Fund, Company Fixed Deposits, Bonds and Debentures, Mutual Funds etc.