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Commerce · Q863

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 863

Q863

Which of the following statement/s is/are correct to pension funds? 1. Pension funds are financial tools that help you in accumulating funds for your post-retirement years. 2. Investing a certain amount regularly towards your pension fund, you will build up a considerable sum in a phase-by-phase manner.

A.
1 is correct
B.
2 is correct
C.
1 and 2 is correct
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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