Question
Mutual funds are pooled investment vehicles. Which of
the following is a type of mutual fund that invests primarily in other schemes of the same mutual fund or other mutual funds?Solution
Fund of Funds scheme of the mutual fund invests primarily in other schemes of the same mutual fund or other mutual funds. Index funds replicate the portfolio of a particular index such as the BSE sensitive index, Nifty, etc. Balance fund schemes of the mutual fund are used to provide both growth and regular income and therefore invest in both equity and debt instruments. Gilt Fund of the mutual fund invests exclusively in government securities
Calculate Net operating Profit Ratio:
The Reserve Bank of India removed restrictions on individuals from opening interest-earning Foreign Currency Accounts (FCA) in order to make India’s I...
In which year National Institute of Bank Management (NIBM) was established?
The contributions of additional amount of Rs.50,000 towards NPS is allowed deduction under which section of the Income Tax Act?
Which section of the BRSR reporting framework focuses on information about the listed entity, including subsidiary companies?
Which of the following is NOT a role of project sponsors in project finance?
The FSIB is responsible for r ecommending to the government the person for appointment to the Board of financial institutions . What is the full form of...
Determine the cash flow from investing activities during the year based on the following: Cash flow from operating activities: 180,000 Cash flow from fi...
With reference to the NBFCs, consider the following statements:
1. It is a company registered under the Companies Act, 1956
2. NBFC c...
Planning involves
A) Forecasting
B) Choice among alternative courses of action.
C) Wishful thinking
D) Decision only by production manager