Which of the following will fetch the highest rate of returns?

Correct option is B

The Public Provident Fund (PPF) generally offers the highest rate of return among the given options. PPF is a long-term investment scheme provided by the government of India, and it is known for its attractive interest rates, tax benefits, and safety. The interest earned on PPF is tax-free, and the government periodically revises the interest rate, which is typically higher than that offered by savings accounts or fixed deposits.
Information Booster: The Public Provident Fund (PPF) is a government-backed savings scheme designed to offer long-term capital protection along with attractive interest rates. PPF accounts have a lock-in period of 15 years, which encourages disciplined savings and provides good returns on investment. It is a low-risk, tax-efficient investment tool suitable for long-term wealth accumulation.
Additional Knowledge:
· Fixed deposits with nationalised banks: While fixed deposits offer a safe investment with guaranteed returns, the interest rate is generally lower than that of the PPF.
· Savings accounts with private banks: These accounts typically offer lower interest rates compared to fixed deposits or PPF.
· Recurring accounts with post office: These accounts offer a fixed interest rate, but it is usually lower than that of the PPF.