Question
Which of the following statements about mutual funds
is/are correct? 1)Mutual funds are a type of investment where investors pool their money together to invest in a diversified portfolio of securities. 2)Mutual funds are always managed by professional fund managers who make investment decisions on behalf of the investors. 3)Target date fund is a type of mutual fund.Solution
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.
Which of the following country has announced launch oil backed cryptocurrency?
Which of the following bank has recently launched FASTag which eases toll collection on National Highways across country?
Russell Trophy is related to which game?
Which day is observed as National Unity Day?
“Eklavya Model Residential Schools (EMRS)” Came into existence in which year?
Recently a government scheme in India had concluded a loan agreement with World Bank of an amount of $ 250 million. Name the scheme
Holcim company is based in which country?
GPS stands forints are of the height100cms?
Which of the following ocean does not Possess the phenomenon like tides, waves etc.?
When kept in air for some time, a layer of green colored basic carbonate forms on the metal, that metal is ___________________ .
