Question
What does ETF stand for in Bharat Bond
ETF?Solution
ETF or an Exchange Traded Fund is a mutual fund that investors can buy or sell at the stock exchange. This is in contrast to a normal mutual fund unit that an investor buys or sells from the AMC (directly or through a distributor). An ETF is an open-ended mutual fund scheme with an objective to track and reflect the performance of its underlying index. Bharat Bond ETF is an exchange traded fund that has a defined maturity tenure and invests in bonds of public sector companies.
Online stock broking firm Groww has announced that it has received the approval of the Securities and Exchange Board of India (SEBI) to launch its first...
Which Ramsar site in India is known as Asia’s largest brackish water lagoon?
Which initiative was launched by the central government to enhance the tourism sector in India?
A study published in the Indian Journal of Traditional Knowledge highlighted the effectiveness of which traditional drug system in reducing anemia among...
National Mountaineering Day in India is celebrated on:
Which of the following city received the best city award in Safai Mitra Suraksha Swachh Survekshan 2022 award?
What is NOT correct about CRR (Cash Reserve Ratio)?
i. The CRR is determined by a percentage of Net Demand and Time Liabilities
ii. Invest...
On which date will Francis Ford Coppola receive the AFI Life Achievement Award?
In which country did Aaryan Varshney secure his final GM norm?
What does Microsoft’s BioEmu AI model achieve prediction accuracy within?
Relevant for Exams:
