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Write any four advantages of saving money. What two factors your father should consider while choosing a long term scheme?

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i. Helps in achieving goals. 

ii. Helps meeting unforeseen expenses. 

iii. Provide security 

iv. Help in raising standard of living. 


i. Safety and security, 

ii. Accessibility, 

iii. Liquidity, 

iv. Capacity, 

v. Rate of Interest, 

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