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Introduction to Financial Markets (405) — CBSE Class 10 board question

Q1. [1] § What are various options available for investment? § What are various long-term financial options available for investment?
Which of the following is a long-term investment option ?
  1. (A) Saving Bank Account
  2. (B) Money Market or Liquid Fund
  3. (C) Fixed Deposits with bank with less than one year tenure
  4. (D) Post Office monthly income scheme
Previously asked in CBSE board exam
2025 92 Q3 (i)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(D) Post Office Monthly Income Scheme

Post Office Monthly Income Scheme is listed under long-term financial investment options, with a maturity period of 6 years.

Explanation

The source passage clearly places Post Office Monthly Income Scheme under long-term investment options. Options A, B, and C (Savings Bank Account, Money Market/Liquid Funds, and Bank FDs under one year) are explicitly categorised as short-term options. Examiners expect you to recall this classification directly.

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