{"id":55888,"date":"2024-04-16T00:35:08","date_gmt":"2024-04-16T00:35:08","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=55888"},"modified":"2024-04-16T00:35:08","modified_gmt":"2024-04-16T00:35:08","slug":"if-payment-of-security-is-paid-as-rs-100-at-end-of-year-for-three-years-it-is-an-example-of","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/if-payment-of-security-is-paid-as-rs-100-at-end-of-year-for-three-years-it-is-an-example-of\/","title":{"rendered":"If payment of security is paid as Rs 100 at end of year for three years, it is an example of"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;fixed payment investment&#8221; option2=&#8221;lump sum amount&#8221; option3=&#8221;fixed interval investment&#8221; option4=&#8221;annuity&#8221; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is D. Annuity.<\/p>\n<p>An annuity is a series of equal payments made at regular intervals for a fixed period of time. In this case, the payment is Rs 100 and the interval is one year.<\/p>\n<p>A lump sum amount is a single payment made at a specific time.<\/p>\n<p>A fixed interval investment is an investment where the amount invested is the same at regular intervals.<\/p>\n<p>A fixed payment investment is an investment where the amount paid out is the same at regular intervals.<\/p>\n<p>In this case, the payment is Rs 100 and the interval is one year. Therefore, the investment is an annuity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;fixed payment investment&#8221; option2=&#8221;lump sum amount&#8221; option3=&#8221;fixed interval investment&#8221; option4=&#8221;annuity&#8221; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[945],"tags":[],"class_list":["post-55888","post","type-post","status-publish","format-standard","hentry","category-financial-management","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>If payment of security is paid as Rs 100 at end of year for three years, it is an example of<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/if-payment-of-security-is-paid-as-rs-100-at-end-of-year-for-three-years-it-is-an-example-of\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If payment of security is paid as Rs 100 at end of year for three years, it is an example of\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;fixed payment investment&#8221; 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