What is the duration of Public Provident Fund (PPF) account? A. 3 years B. 5 years C. 9 years D. 15 years E. 18 years

What is the duration of Public Provident Fund (PPF) account? A. 3 years B. 5 years C. 9 years D. 15 years E. 18 years
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D. 15 years Explanation: A PPF account matures in 15 years, but you can extend the tenure in blocks of five years after maturity. The balance continues to earn interest at the normal rate. The minimum investment of Rs 500 has to be maintained even for accounts extended beyond 15 years.
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