Pinky
asked almost 4 years ago
What is an inflation index investment scheme? what are the advantages of this scheme?
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veeru
answered over 3 years ago
Inflation index investment scheme can be defined as the rate of returns which depends on the inflation in the country . the rate of return is linked up with the index which is used to measure inflation in the country. The govt comes with such schemes so as to give an alternative to public for investments rather than investing in gold or real estate which results in high prices bubble.
