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      Question

      What is the minimum annual contribution required to keep

      a PPF (Public Provident Fund) account active?
      A Rs 100 Correct Answer Incorrect Answer
      B Rs 250 Correct Answer Incorrect Answer
      C Rs 500 Correct Answer Incorrect Answer
      D Rs 1,000 Correct Answer Incorrect Answer
      E Rs 5,000 Correct Answer Incorrect Answer

      Solution

      The minimum annual contribution to maintain an active PPF account is Rs 500. The maximum is Rs 1.5 lakh per year. PPF has a lock-in period of 15 years. It is a small savings instrument under the Ministry of Finance.

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