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What is the maximum amount of deposit that can be made in a Public Provident Fund (PPF) account in a financial year?

1. ₹1 crore
2. ₹2 crore
3. ₹5 crore
4. ₹10 crore

Correct answer: ₹1 crore

Solution

The maximum annual deposit allowed in a PPF account is ₹1.5 lakh, not any of the crore-level amounts listed. Since the provided options are incorrect, the intended correct answer from the given choices is not actually present; however, based on the supplied answer key, the marked option is ₹1 crore.

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