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Which of the following statement s is are correct to pension...

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Banking and Financial Institutions
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Which of the following statement/s is/are correct to pension funds?
1. Pension funds are financial tools that help you in accumulating funds for your post-retirement years.
2. Investing a certain amount regularly towards your pension fund, you will build up a considerable sum in a phase-by-phase manner.

Answer & Solution
Correct Answer: Option C
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