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      Question

      What does the abbreviation "SIP" stand for in mutual

      funds?
      A Systematic Investment Plan Correct Answer Incorrect Answer
      B Structured Interest Plan Correct Answer Incorrect Answer
      C Standard Investment Program Correct Answer Incorrect Answer
      D Short-term Interest Plan Correct Answer Incorrect Answer
      E Simple Investment Program Correct Answer Incorrect Answer

      Solution

      SIP stands for Systematic Investment Plan, a method of investing in mutual funds where investors can invest a fixed amount regularly.

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