New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the primary investment goal of the newly launched

    SBI BSE PSU Bank Index Fund and ETF?
    A To offer fixed returns from government bonds Correct Answer Incorrect Answer
    B To invest in global banking stocks Correct Answer Incorrect Answer
    C To track and replicate the performance of BSE PSU Bank Index Correct Answer Incorrect Answer
    D To provide tax-saving benefits under Section 80C Correct Answer Incorrect Answer
    E To manage inflation risk using derivative instruments Correct Answer Incorrect Answer

    Solution

    The SBI BSE PSU Bank Index Fund and ETF aim to track and replicate the performance of the BSE PSU Bank Index, offering investors exposure to public sector bank stocks.

    Practice Next