Multiple choice

Indira Vikas Patra is an investment product popular with

  1. rural investors

  2. investors in high tax bracket

  3. urban investors

  4. risk taking investors
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Indira Vikas Patra (IVP) was a small savings scheme popular among urban investors looking for safe, guaranteed returns with tax benefits. It was particularly attractive to urban middle-class investors seeking conservative investment options. While rural investors and risk-taking investors exist, IVP specifically appealed to urban investors who valued safety and guaranteed returns over higher-risk alternatives.

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