Which of the following is NOT an example of small savings ?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Mutual Funds.
Mutual funds are not typically considered examples of small savings.
Small savings usually refer to savings instruments or schemes designed for individual investors with relatively low investment amounts, such as savings accounts, fixed deposits, recurring deposits, and government-backed savings schemes like Public Provident Fund (PPF) or National Savings Certificate (NSC).