Question
Which of the following statements about mutual funds
is/are accurate? 1. Open-ended mutual funds allow investors to buy and sell units at any time based on the current NAV. 2. Closed ended mutual funds only allow transactions during specific intervals and are listed on stock exchanges. 3. Interval funds are a type of mutual fund that allows purchases and redemptions at predetermined intervals. 4. Exchange Traded Funds (ETFs) are a type of open-ended mutual fund that trades on stock exchanges like individual stocks.Solution
Closed ended mutual funds are listed on stock exchanges but do not allow transactions during specific intervals; they have a fixed maturity.
Select the most appropriate meaning of the given idiom.
 Sitting shotgun
Fill in the blank given below using the correct idiom.Â
Despite their differences, the two colleagues managed to _______________ and collabor...
In each question below, a sentence is given with an idiom/phrase printed in bold type. That part may contain a grammatical error. Each sentence is follo...
An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may ...
Given below are sentences with an idiom given in bold. Replace the idiom from the four options provided to make the sentence contextually meaningful an...
In the given question a sentence with a blank is given. From the options choose the idiom which will fit perfectly in the blank and make the sentence c...
- An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may not ...
In the following question, three statements have been given, and a phrase/idiom has been highlighted in each of them. Identify the statement(s) in whic...
keep a civil tongue
- Select the most appropriate meaning of the given idiom.
Burn the midnight oil
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