PPF QUESTIONS

A PPF Account was opened on 4 May 2016. What will be the eligible period to take loan from PPF Account ?

An investor is investing Money in his PPF Account twice in a financial year. First 50000 Rs on account opening date (4 MAY 2016) and another 100000 Rs on 6 January 2017.If investor further invests in the same manner till maturity. What will be the corpus with rate of 7.6%.

Shubham wants to know from you, what is the maximum amount that he can withdraw today as on 10 September 2016 from his PPF account as per PPF rules. Outstanding balance as on PPF A/c balance Rs.

31 Mar 2006 = Rs. 40,000, 31 Mar 2007 = Rs. 85,000, 31 Mar 2008 = Rs. 1,35,000, 31 Mar 2009 = Rs. 2,10,000, 31 Mar 2010 = Rs. 2,95,000 , 31 Mar 2011 = Rs. 3,45,000 ,31 Mar 2012 = Rs. 4,15,000 ,31 Mar 2013 = Rs. 5,05,000 ,31 Mar 2014 = Rs. 3,80,000 ,31 Mar 2015 = Rs. 4,30,000 ,31 Mar 2016= Rs. 7,15,000

Sri Ram Opened his PPF Account on 10 January 2016 and as on today 16-01-2019 he wants to take loan from his PPF Account. What is the amount of Loan he can take?

Balance as on the financial year end.

31-3-2016 = Rs. 150000

31-3-2017 = Rs. 190000

31-3-2018 = Rs. 2,85,000

31-3-2019 = Rs. 3,35,000

Vishnu opened his PPF Account on his birthday 10 October 2017 and started to invest 150000 in the account every year if the rate of PPF is 7.1% what will be the maturity of the PPF Account.

Rajesh PPF Account balance as on 31mar2018 is 750000/- which he opened on 5 nov2010 No, he decided to invest max permissible limit (1,50,000) in the beginning of ever year in the account what will be the maturity of the account. (Rate 7.1%)

Naveen is investing 1 lac Rupees in a PPF Account in the beginning of FY from the inception what can he partially withdraw after the end of 9th year if rate is 7.1%

Shrivali opened his PPF account and decided to invest on 5july and 6January in a financial year 75000 on each day if she invests like this what will be the maturity if the rate of return is 7.1%

An individual is allowed to open ___ PPF account in his name.

A PPF account has a maturity of _________ years and thereafter it can be extended for any number of times in a block of___________ years.

Public Provident Scheme is for

Public Provident Fund is a

A self employed person died in an accident. His wife, who is working in a bank, is nominee of his PPF account. She also has a PPF account in her name. She requested your opinion on the funds standing in her husband’s PPF account. You suggest that _____.

The percentage of loan eligible and the tenure of repayment period that can be availed from a PPF account is _____.

A PPF Account Opened on 1-Jan-17 and for first five years Investor will deposit 150000 on same date every year. For Next Six Years he will deposit 1.5 lac in two tranches on 4-Jul -75000 and 6-Nov- 75000 and further for remaining Period till maturity on every 11-Aug -100000 and on 1-Mar-50000 will be deposited. What will me the maturity of the PPF Account. If PPF Account earns at 8%.

A Person Invests the Maximum Permissible Contribution at every year end what will be his maturity with the rate of 8%.

A client has a balance of 50000 as on 31MAR 2010 in his PPF Account. Account will mature on 1 Apr 2020.For the first two years he will invest 50000 and 100000 on 7-Aug and 16-Oct respectively. For the next three years 75000 and 25000 on 6th July and 2nd February. Then for remaining period he will invest maximum contribution in beginning of financial year. What will be his maturity of PPF Account if account earns 8%.