1. What percent of an employee's salary is kept aside in the provident fund as his contribution?

2. In a situation when you change your employer within 5 years of working, what should you do with your PF?

3. A person is self employed and wants to save for long term. Which of the following is available to him?

4. An employer has collected provident fund contribution from the employees and made its contribution. Where can it NOT park this money?

5. Which of the following is NOT a benefit of Provident Fund

What does your provident fund do for you?

provident fund

  • Level - 6,3,8,6 BASIC

Provident fund contributions enable us save and accumulate funds over the long term, and give us benefits such as loan facility and tax savings. Watch this video to appreciate why it is important to contribute regularly to a provident fund.

AUTHOR(s):Uma Shashikant


financial planning


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