Question
Which of the following is an open-ended mutual fund that
gives tax benefit with lock-in of 3 years?Solution
ELSS or Equity Linked Saving Scheme is a type of open-ended equity mutual fund These are tax-saving schemes. These schemes will continue having a lock-in period of three years and will provide tax benefit under Section 80C of the Income Tax Act Snapshot from study notes of the ixamBee SEBI course covering topic in detail 
Two numbers are such that if 12 is subtracted from each, the resulting numbers are in the ratio 7 : 9. If the sum of the original numbers is 216, find t...
A woman has Rs. 155 in the form of 25 paise coins, Rs. 2 coins, and Rs. 10 coins. The ratio of their counts is 6:5:3. What is the difference between the...
The sum of three numbers is 118. If the ratio of the first number to the second number is 3 : 4 and that of the second number to the third number is 5 ...
Ratio between marked price of article A to article B is 5:6. Shopkeeper allowed d% discount on article ‘A’ and (d + 16)% discount on article ‘B’...
Pulses of two varieties, which are costing for Rs.26/kg and Rs.78/kg as they mixed together. when the price of the mixture obtained is Rs.54/kg then wha...
- If m : n = 2 : 3, then calculate the ratio (4m + n) : (m + 4n)
Mr Rohila left his entire property to his wife, daughter and son and the cook. His sons and daughter got half the estate, sharing in the ratio of 3:2. ...
The ratio of two numbers is 9: 5. If 8 is added to the larger number and 4 is subtracted from the smaller number, the greater number becomes twice the ...
A pouch has 25-paisa, 50-paisa and 1-rupee coins in the ratio 8:5:3. If the total amount is Rs. 90, find 75% of the number of 50-paisa coins.
A solution contains alcohol and water in the ratio 3:2. If 15 liters of water is added to the solution, the ratio becomes 3:5. What was the initial volu...
