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Statement 1 is correct as mutual funds are a type of investment where investors pool their money together to invest in a diversified portfolio of securities. Statement 2 is incorrect as while most mutual funds are managed by professional fund managers, there are some funds that are managed by individual investors. Most mutual funds fall into one of four main categories – money market funds, bond funds, stock funds, and target date funds. Each type has different features, risks, and rewards.
Consider the following in regards to GAGAN satellite technology:
1.It is a joint development of ISRO and the Airports Authority of India
2...
A clock seen through a mirror shows ‘quarter to seven’. What is the correct time shown by the clock?
When are current liabilities payable?
Match the following leaders with the journals or newspapers they founded or contributed to:
Which of the following state has the highest length of national highway?
Which of the following statements is/are incorrect?
I. NRI deposits in India are counted as a part of the cu...
The Maximum Bonus that one can get under the “Bonus payment act 1965”is?
Assertion (A): Unity of command cannot always be strictly applied in practice.
Reason (R): Workers should report to different supervisors fo...
The revenues and expenses of a company are displayed in which statement?
Which ports connect special types of music instruments to sound cards?