Want to join our mediation workshop that helps you to study better?

The Eduladder is a community of students, teachers, and programmers just interested to make you pass any exams. So we help you to solve your academic and programming questions fast.
In eduladder you can Ask,Answer,Listen,Earn and Download Questions and Question papers.
Watch related videos of your favorite subject.
Connect with students from different parts of the world.
Apply or Post Jobs, Courses ,Internships and Volunteering opportunity. For FREE
See Our team
Wondering how we keep quality?
Got unsolved questions? Ask Questions

HOME-SCIENCE-CBSE-2018-->View question

Define the term ‘Investment’. Name any two long term schemes which will help a person to invest his/her savings for further use. Write two advantages and two disadvantages of each. (HOME-SCIENCE-CBSE-2018)

Define the term ‘Investment’. Name any two long term schemes which
will help a person to invest his/her savings for further use. Write two
advantages and two disadvantages of each. (HOME-SCIENCE-CBSE-2018)


Asked On2019-04-05 15:51:51 by:naikaumprakash

Taged users:


Likes:
Be first to like this question

Dislikes:
Be first to dislike this question
Talk about this  Like  Dislike
View all qusetions
Answers
A)Investment: When savings are made to grow, it is known as investment. (1 mark) B) Name of scheme PF/ PPF/LIC ( Any two) ( ½ x2=1) C)Advantages of Public Provident Fundi)High rate of interest ii)Safe / secure iii) Tax Rebate iv)Interest Tax free v)Loan facility ( Any one ) Disadvantages of PPF:i)Withdrawal can be done only after 6 years ii)Only one PPF account can be opened iii)Cannot invest more than 1.5 lakhs in a year (Any one ) Advantages of Provident Fund i)High rate of interest ii)Safe / secure iii)Tax Rebate iv)Loan facility v)Interest Tax free ( Any one ) Disadvantages of PF i)Premature withdrawal not allowed unless for marriage / house loan ii)Only for salaried people (Any one) Advantages of Life Insurance Scheme i)Provides Life cover ii)Payment / premium made in small investments iii)Tax Rebate iv)Loan facility v)Get Lump sum amount at maturity ( Any one ) Disadvantages of LIC i)No liquidity / premature withdrawal not allowed ii)Low interest rate iii)Value of money reduces over time
Answerd on:2019-04-21 Answerd By:naikaumprakash

Likes:
Be first to like this answer

Dislikes:
Be first to dislike this answer
Talk about this  Like  Dislike

You might like this video:Watch more here

Watch more videos from this user Here

Learn how to upload a video over here



Lets together make the web is a better place

We made eduladder by keeping the ideology of building a supermarket of all the educational material available under one roof. We are doing it with the help of individual contributors like you, interns and employees. So the resources you are looking for can be easily available and accessible also with the freedom of remix reuse and reshare our content under the terms of creative commons license with attribution required close.

You can also contribute to our vision of "Helping student to pass any exams" with these.
Answer a question: You can answer the questions not yet answered in eduladder.How to answer a question
Career: Work or do your internship with us.Work with us
Create a video: You can teach anything and everything each video should be less than five minutes should cover the idea less than five min.How to upload a video on eduladder